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Palantir shares operened at $10 on the New York Stock Exchange. Existing investors are allowed to sell up to 20% of their shares before the lockup expires, but several former workers said that they and some current employees couldn’t get into Morgan Stanley’s Shareworks system.
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“We experienced slowness that may have resulted in delayed logins into our system. At all times our call centers were available to execute trades. We will work through any issue that is brought to our attention and ensure that no employee will be disadvantaged.”
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