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What's Going On With Palantir Stock Friday?

What's Going On With Palantir Stock Friday?

Palantir Technologies Inc. (NASDAQ:PLTR) stock fell Friday as mounting corporate governance scrutiny and a high-profile legal clash with AI startup Percepta weighed on sentiment — even as a newly finalized U.S. Department of Homeland Security purchasing framework underscored the company's deepening ties to federal immigration and border enforcement programs.Michael Burry Sounds Alarm On PalantirInvestor Michael Burry has criticized Palantir after its 2025 filing revealed the company reimbursed CEO Alex Karp $17.2 million for the use of his privately owned jet, a 123% jump from 2024.Analysts flagged the spending as unusually high compared with peers like Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Palo Alto Networks Inc. (NASDAQ:PANW) CEO Nikesh Arora, raising corporate governance concerns.Burry ...Full story available on Benzinga.com