Palantir’s CEO Spars With Wall Street as Shares Keep Rising

Alex Karp, co-founder and chief executive officer of Palantir Technologies Inc., has a love-hate relationship with Wall Street.

First, the hate: Karp once said that being the leader of a public company made him feel like a “caged animal.” He’s said that analysts don’t understand the company and that he prefers Palantir’s loyal army of retail investors, more than 60,000 of whom have congregated on the subreddit r/PLTR and nicknamed him “Daddy Karp.”

Karp particularly dislikes short sellers, recently suggesting on TV that they’re addicted to drugs. “Almost nothing makes a human happier than taking the lines of ...