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Palantir slips on valuation fears, Cramer backs rebound
short by / on Tuesday, 26 August, 2025
Palantir (PLTR) fell in premarket Tuesday, extending losses after Citron's Andrew Left called the stock 75% overvalued vs. AI peers OpenAI and Databricks. CNBC's Jim Cramer, however, urged patience, saying he's waiting for "empire to strike back". Short interest remains below historic highs. Despite weakness,PLTR is still up 107% YTD, with Fed policy and new orders eyed as near-term catalysts.
read more at Stocktwits