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Barchart
Barchart
Aanchal Sugandh

Cathie Wood Is Selling Palantir Stock. Should You?

Cathie Wood has returned to the investing spotlight after reshaping ARK Invest’s (ARKK) position in Palantir Technologies (PLTR). She sold 354,955 shares worth $57 million, yet her funds still retain a substantial $503.8 million stake. As usual, her move stirred a fresh wave of speculation across the market.

Wood’s decision aligns with her well-known strategy: lock in profits, trim positions after explosive runs, and redeploy capital into areas of sharper upside. Her recent tilt toward Alphabet (GOOG) (GOOGL) and crypto-aligned plays reflects that evolving conviction. Still, Palantir’s valuation and volatility are keeping investors second-guessing their next step.

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