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Cathie Wood Dumps $3.7 Million Of Palantir Stock Despite AI Boom — Here's What She's Buying Instead - Palantir Technologies (NASDAQ:PLTR)
Benzinga· 2025-10-21 02:02
On Monday, Cathie Wood-led Ark Invest made notable portfolio moves, boosting its positions in Qualcomm Inc (NASDAQ:QCOM) and BYD Co Ltd (OTC:BYDDY), while trimming its stakes in Palantir Technologies Inc (NASDAQ:PLTR) and Shopify Inc (NYSE:SHOP).The Palantir TradeArk Invest trimmed its position in Palantir by offloading 20,208 shares across its Ark Fintech Innovation ETF (BATS:ARKF) and ARK Next Generation Internet ETF (BATS:ARKW) funds. The transaction was valued at $3.7 million as Palantir shares ended th ...