Palantir Stock Is the Worst Performer in the S&P 500 Tuesday. Cathie Wood’s Ark Invest Sells Shares.
Palantir Technologies stock had a great 2024, but the new year is starting off rocky for the software company. Palantir stock fell 7.8% to $69.99 and was the worst performer in the S&P 500 on Tuesday as the index dropped 1.
Palantir Stock Can’t Catch a Break. Cathie Wood’s ARK Sells More.
FEATURE Palantir Technologies stock fell for a third straight day after Cathie Wood’s ARK Investment Management unloaded more shares of the software company. Palantir had an undeniably good 2024, skyrocketing 340% as enthusiasm for the company’s artificial intelligence platform and highly publicized government contracts drove the stock price higher.
Palantir Stock Dips After Cathie Wood's ARK Invest Sells $15M
The stock of Palantir Technologies (PLTR, Financial) fell 3% on early trading on Tuesday after Cathie Wood-Ark Invest sold $15 million worth of Palantir shares, or 196,728 shares in total, across various ETFs.
Palantir Stock Rally Stalls As Cathie Wood's ARK Invest Sells $15M In Shares
Wood remains a long-time supporter of tech disruptors, but her pivot away from Palantir underscores concerns about its valuation.
Cathie Wood sells 36K shares of her own bitcoin backed ARKB to start off 2025
Cathie Wood, CEO and CIO of Ark Invest and longtime bitcoin (BTC-USD) advocate has sold over 36K shares of ARK 21Shares Bitcoin ETF (ARKB).
Palantir Plunges 6% as Cathie Wood Sells $15M Stake and Analysts Cry Overvaluation
Palantir (NASDAQ:PLTR) just hit another speed bump. Cathie Wood's ARK Invest sold nearly 200,000 shares worth $15 million ...
Why Palantir Stock's Slide Isn't Over
While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market frenzy surrounding artificial ...
Cathie Wood's 3 Best Artificial Intelligence (AI) Stocks This Year: Are They Good Picks for 2025?
Cathie Wood didn't jump on the artificial intelligence (AI) bandwagon. Her Ark Innovation ETF has been invested in AI for ...
Cathie Wood's Tuesday Double Dump: Ark Invest Trims Both Palantir And Bitcoin ETF Holdings
On Tuesday, Cathie Wood -led Ark Invest made some significant adjustments to its portfolio. The most notable of these was the ...