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Here's the whopping amount of stock Palantir CEO Alex Karp has dumped

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80% Informative

Palantir co-founder and CEO Alex Karp has dumped $45 million worth of stock in the last two weeks .

Karp recently adopted a 10b5 -1 trading plan for the maximum sale of 9.975 million shares of Class A common stock.

The Department of Defense is reportedly eyeing an 8% annual cut in spending for the next five years .

Shares have crashed 30% from their 52-week high on Feb. 18 .

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