Key Takeaways Palantir shares slid Wednesday to log their sixth straight day of declines, after a short seller raised concerns about the stock's elevated valuation.Yesterday’s move lower coincided with the relative strength index falling into bearish territory,

Andrew Left argues that investors have overhyped Palantir stock, and its valuation pales in comparison to a true AI leader like OpenAI.

Shares of Palantir (PLTR) dropped over 9% on Tuesday due to a critical report from short-selling firm Citron Research, which cited that PLTR stock

Palantir's price-to-sales ratio of 114 is way above OpenAI's 17. Palantir's success in defense work could block access to growth as enterprise AI payoff remains elusive

The sudden reversal shows how the hottest AI trade and top-performing stock of the year is colliding with a broader market rotation out of big tech.

Veteran analyst revamps Palantir stock after slump originally appeared on TheStreet. Over the past five trading days, Palantir stock has fallen 15%, sparking hesitation among investors looking for a bottom. Earlier this month, the artificial intelligence software provider posted a strong earnings report that pushed its shares to record highs.