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Investor's Business Daily

Investor's Business Daily

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Business & Economics

Palantir Falls On CEO Share Sale Plan, Possible DOD Budget Cut

Investor's Business Daily
Summary
Nutrition label

79% Informative

Palantir CEO Alex Karp plans to sell 48.9 million shares worth up to $1.23 billion , according to Barron's .

The company's stock plunged 10% to 112.06 on Wednesday , ending a four-day winning streak.

Wedbush analyst Dan Ives downplayed worries about the cuts' impact.

VR Score

76

Informative language

73

Neutral language

54

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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