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19 February
Palantir’s stock has dropped a third from its peak. Michael Burry has a new line of attack.
Palantir CEO Alex Karp speaking at the World Economic Forum.
CEO of Palantir Technologies Alex Karp speaks during the World Economic Forum (WEF) annual meeting in Davos on Jan. 20, 2026. Michael Burry has a new line of attack against Palantir. Photo: Fabrice Coffrini/Agence France-Presse/Getty Images

With Palantir Technologies’ stock now down nearly a third from its peak, Michael Burry has a new line of attack against the AI-services company.

Burry, the former hedge-fund manager chronicled in “The Big Short” for his bets against the housing market during the subprime-mortgage crisis, went through Palantir’s 10-K and called out the fact that accounts receivable have been growing faster than revenue for nine of the last 12 quarters.