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May 5, 2026 4:01 PM

Michael Burry Targets Palantir's Valuation (Again) As Stock Drops After Earnings

Palantir Technologies Inc. (NASDAQ:PLTR) shares tumbled Tuesday, giving Michael Burry fresh ammunition in his latest shot at the software and defense-AI favorite.

PLTR stock is down after earnings. See the price action here. 

The company’s stock was down roughly 7% to $135.69, leaving it with a market capitalization of about $310.9 billion.

But Burry's point was not just about the day's drop. It was about the scale of expectations still embedded in Palantir's valuation.

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