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Michael Burry continues to bet on Palantir Technologies decline

The Motley Fool +1 · ·by G4L

PLTR Palantir Technologies Inc
$169.20 +5.50%
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  1. 1Michael Burry maintained put options on Palantir Technologies.
  2. 2Palantir recorded a record closing price of $209.05 on October 9.
  3. 3Palantir will announce third-quarter results after the market close on November 2.

So what's the key point?

Michael Burry placed a bet that Palantir Technologies stock prices will fall. Palantir recently reached a high price of $209.05 and is preparing to release its earnings report.

Source The Motley Fool +1 · View original ↗

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