Cathie Wood-Led Ark Invest Scoops Up $5.16M Worth Of Palantir Shares Amid Raging AI Fervor (NYSE:PLTR)

Cathie Wood-Led Ark Invest Scoops Up $5.16M Worth Of Palantir Shares Amid Raging AI Fervor (NYSE:PLTR)

On Monday, Cathie Wood-led Ark Invest made a notable investment in Palantir Technologies, a move that comes as the AI sector gains momentum.br br The PLTR Trade: Ark Invest, through its ARK Autonomous Technology & Robotics ETF ARKQ, purchased 199,372 shares of Palantir, a significant addition to its portfolio. The value of this trade, based on the closing price of $25.88 on the same day, stands at approximately $5.16 million.


User: Benzinga

Views: 6.5K

Uploaded: 2024-07-02

Duration: 00:39

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