Palantir director deletes X account after ‘ETF buying’ post


Alex Moore posted that the company was moving its listing “because it will force billions in exchange-traded fund (ETF) buying,” potentially driving up the share price to the benefit of existing investors. — Bloomberg

Denver: 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 is intended to cater to retail investors.

Alex Moore, a 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 exchange-traded fund (ETF) buying,” potentially driving up the share price to the benefit of existing investors.

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