Palantir Stock Falling Again After Slump. The 2 Things Spooking Investors.

Palantir Technologies stock was falling early Thursday after tumbling 10% late in the previous session as investors grappled with several reasons to suddenly worry about the red-hot artificial-intelligence stock. Firstly, CEO Alex Karp adopted a new plan to sell up to 9.975 million shares, through Sept. 12 this year—worth close to $1.2 billion based on the stock’s Wednesday closing price.