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Nov 8, 2025 12:00 AM

Palantir CEO Alex Karp Blasts Short Sellers Again As Stock Drops 11% This Week, Deems It 'Market Manipulation'

Palantir Technologies Inc. (NYSE:PLTR) stock fell more than 11% this week, even as the software company reported better-than-expected quarterly results, prompting CEO Alex Karp to criticize those betting against the stock, calling it “market manipulation.”

Check out the current price of PLTR stock here. 

Burry Position Draws CEO Fire

Karp specifically called out "Big Short" investor Michael Burry, who recently revealed bearish positions against Palantir and NVIDIA Corp. (NASDAQ:NVDA).

In an interview with CNBC's Sara Eisen on Friday, Karp said, “To get out of his position, he had to screw the whole economy by besmirching the best financials ever.”

Speaking on CNBC’s “Squawk Box” on Tuesday, Karp had said it was strange that the companies generating most of the profits were being targeted, adding that betting against firms driving the ...