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Benzinga
Benzinga
Business
Rachit Vats

Cathie Wood Further Trims Down Palantir Stake As It Nears Exit From The Stock

Palantir Cathie Wood Ark Invest Ark Investment Management NYSE Palantir Technologies Inc Peter Thiel PLTR

Cathie Wood led Ark Investment Management on Tuesday shed nearly all of its exposure in the Peter Thiel-backed Palantir Technologies Inc (NYSE:PLTR).

The popular stock-picking firm sold 298 shares —estimated to be worth $3,629— in Palantir, based on Tuesday's closing price.

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