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Ken Griffin Trims Palantir Stake After Meteoric 2,145% Rally

Ken Griffin Trims Palantir Stake After Meteoric 2,145% Rally

Published:
2025-12-01 13:51:17
23
3
BTCCSquare news:

Citadel's 32% reduction of its Palantir position signals growing caution among institutional investors toward AI-exposed equities. The sell-off comes despite the company beating Q3 revenue estimates by $89.5 million, with sales climbing 63% year-over-year to $1.18 billion.

Palantir's valuation multiples—trading at 164 times forward earnings and 63 times projected 2026 sales—have sparked debate about sustainability. The stock remains 20% below its November peak even as earnings outperform, reflecting market skepticism about tech valuations amid Griffin's 'sugar high' warning.

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