(Bloomberg/Carmen Reinicke) — Palantir Technologies Inc.’s losing streak has wiped out more than $73 billion in market value, handing a rare win to short sellers who are getting pounded after betting against this year’s Wall Street juggernaut.

Since hitting a record on Aug. 12, shares of the data analysis and software firm shed 17% through Wednesday’s close in a six-day losing streak. In early trading Thursday in New York, shares swung between gains and losses.

The drop has given short sellers more than $1.6 billion in profits, according to data from S3 Partners LLC. But that barely dents the $4.5 billion in paper losses traders have put up betting against Palantir this year, S3 data shows. While the stock is the worst performer in the S&P 500 Index over the past six sessions, it remains

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