Palantir Technologies is trading 3.35% down at ARS 89525.00 after Michael Burry disclosed renewed March 2027 put positions, reinforcing valuation concerns as shares remain near historic highs.
- The decline comes despite broader U.S. markets trading higher, suggesting stock-specific rather than macro-driven pressure.
- Recent strong second-quarter results and guidance increases provide fundamental support.
- Elevated valuation and prominent bearish positioning are weighing on sentiment.