Palantir Turns Red Faster than a NYC Stoplight

Palantir is the latest WSB meme stock suffering a sell-off, following GameStop and Tilray last week. PLTR is down 7% this week after reforecasting down to 30% growth. It’s hard to tell whether we’re seeing a rollback on the meme stock trend or just some profit-taking and caution after so many folks got burned with GameStop – we’re just hoping Peter Thiel doesn’t give us the Gawker treatment.