November 19, 2024
Palantir (PLTR) Board Member Deletes X Account After ‘ETF Buying’ Post #NewsETFs

Palantir (PLTR) Board Member Deletes X Account After ‘ETF Buying’ Post #NewsETFs

CashNews.co

A Palantir Technologies Inc board member has deleted his X account after posting last week that the company’s plan to move its listing to the Nasdaq Global Select Market from the New York Stock Exchange was intended to cater to retail investors.

Alex Moorea partner at Eight Partners LLC, who has been on Palantir’s board since 2020, posted that the company was moving its listing “because it will force billions in ETF buying,” potentially driving up the share price to the benefit of existing investors.

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