Palantir Short Sellers Suffer $3 Billion Loss After Stock Rallies 30%

Short sellers of Palantir stock have sustained a $3 billion loss following a significant 30% rally in the company's share price. This surge has resulted in substantial financial hits for those betting against the stock.

4 Aug, 19:20 — 4 Aug, 19:20

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bloombergHigh20h ago

Palantir Short Sellers Take $3 Billion Hit After 30% Stock Surge

Palantir Technologies Inc.’s stock surge has wiped out all of the year-to-date paper gains for short sellers, saddling them with billions in losses.

By Carmen Reinicke

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First report: bloomberg · 4 Aug, 19:20|Full coverage: 2 · 10h|Window: 10h

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bloomberg4 Aug, 19:20First to report

Palantir Short Sellers Take $3 Billion Hit After 30% Stock Surge

10h later

seeking-alpha5 Aug, 05:44Latest update

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Palantir Short Sellers Suffer $3 Billion Loss After Stock Rallies 30%

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Palantir Short Sellers Take $3 Billion Hit After 30% Stock Surge

Coverage Timeline

Palantir Short Sellers Take $3 Billion Hit After 30% Stock Surge

Palantir short sellers sustain $3B loss following stock's 30% rally

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