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Home/Briefs/investing

BriefApril 12, 2026 · 10:18 PM

Michael Burry maintains Palantir short positions despite Trump endorsement

Michael Burry holds long-dated put options on Palantir, betting that the stock will fall. He believes the company is overvalued, estimating its true value is well below $50 per share. Palantir currently trades around $127. The stock is down roughly 13% for the week and 28% in 2026. Despite a Truth Social post from Donald Trump praising the company's military capabilities, Burry maintains his positions. He holds June 2027 $50 puts and December 2026 $100 puts.

Logan Elsworth

investingstock marketAI

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