On Thursday, Cathie Wood-led Ark Invest made a significant move by increasing its stake in Palantir Technologies Inc by $10.08M, despite recent turbulence in the stock’s performance. This comes on the heels of a downgrade from Morgan Stanley and a recent sale of stock options by Palantir’s CEO,Alexander Karp.
The Palantir Trade: Ark purchased the shares through ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech...
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The Palantir Trade: Ark purchased the shares through ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW), and Ark Fintech...
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