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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Dumps Another $123M In Palantir Shares, Loads Up $20M In Tesla On The Dip

Tesla Inc. Cathie Wood Palantir Ark Invest Ark Investment Management NYSE Palantir Technologies Inc PLTR

Cathie Wood’s Ark Investment Management sold 11,761,901 shares of Palantir Technologies Inc (NYSE:PLTR) worth nearly $123.3 million — based on the stock’s Tuesday closing.

Palantir shares ended Tuesday’s regular session 4.9% lower at $10.48. The Peter Thiel-co-founded company’s shares were mostly unchanged in the after-hours trading.

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