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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.