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Cathie Wood and @ARKInvest moves from today 5/2. Saying bye bye to more Palantir 👋 https://t.co/Q8atQRCoou
Cathie Wood doubles down on Robinhood, trims Palantir ahead of earnings 🔄 Cathie Wood’s Ark Invest just dropped nearly $9.8M into Robinhood $HOOD, buying 210,714 shares even after a 30% slump in its crypto trading revenue. Despite the dip, Q1 results beat expectations. 💾 At https://t.co/GpXLyJl8m3
#CathieWood sells $8.8 million of #Palantir stock On April 28, Wood’s Ark funds sold 53,532 shares of Palantir Technologies Inc. ( $PLTR) , followed by another sale of 22,380 shares on April 30. The combined sales totaled roughly $8.8 million. The purchase came as the
Cathie Wood's ARK Invest has recently adjusted its holdings in technology stocks, notably reducing its position in Palantir Technologies Inc. The fund sold a total of approximately $8.8 million worth of Palantir shares, comprising 53,532 shares sold on April 28 and an additional 22,380 shares on April 30. Concurrently, ARK Invest increased its stake in Robinhood Markets Inc., purchasing 210,714 shares valued at nearly $9.8 million. This move came despite Robinhood experiencing a 30% decline in its cryptocurrency trading revenue, although its first-quarter earnings beat market expectations. These transactions reflect a strategic shift by ARK Invest ahead of upcoming earnings reports.