Reported 11 days ago
Peter Thiel has sold nearly $600 million worth of Palantir Technologies stock this week, pushing his total sales for the year to over $1 billion. Following the sale of more than 16 million shares, Thiel had previously disposed of 20 million shares earlier in the year. Though plans for further sales involving millions of additional shares were disclosed, the reason behind Thiel's sales and his future intentions remain unclear.
Source: YAHOO