/biz/ - Business & Finance

>>29127229
Palantir traded 28 million shares in the first 5 minutes of the opening bell and the only person who had a bag that big to move the volume needle that much was Soros, who had been threatening to dump it all as soon as the lockup expired for months because he doesn't like the company's politics.

It went from trading in the hundreds of thousands of shares pre market to tens of millions of shares right at the DING DING DING DING. As a long term holder I nearly shit myself when I saw that happen but the price just stayed pinned right to $25.

>>29070621
>1 minute past the opening bell
>28 million shares of PLTR have been traded already

i actually have no idea what the fuck is going on when the biggest volume day for the stock is also it's flattest day, absolutely pancake flat

>>29056084
yeah basically, if $700 million of bitcoin got market sell dumped in one minute the price would fucking crater. PLTR didn't even budge.

>>29044113
28 million shares got sold at open today and it didn't even move the price significantly, i'm thinking 25 is a hard floor

what the actual fuck was with PLTR volume at open
25 million shares traded with barely any affect on the price
the stock hasn't seen that level of volume since the first hour that it first got listed not even close
and there was wild change in price during that hour, this time the stock literally just stayed at $25 a share for most of that action
who sold and who bought? that's $625 million in stock.

what the actual fuck was this palantir volume right now
the stock hasn't seen a 5 minute volume candle like that since the stock first hit the market
who the fuck sold 25 million shares and who bought them? the price barely even moved during that period despite the biggest spike in volume since the stock got listed.