Palantir Stock Can’t Catch a Break. Cathie Wood’s ARK Sells More.

Palantir Stock Can’t Catch a Break. Cathie Wood’s ARK Sells More.·Barrons.com

Palantir Technologies stock fell for a third straight day after Cathie Wood’s ARK Investment Management unloaded even 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.

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