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Benzinga

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Surbhi Jain

Cathie Wood's Palantir Bet Just Printed $500 Million - And Counting

Palantir Cathie Wood PLTR Palantir Technologies Inc

Framework ranks Palantir at four.

Call it the ultimate payoff for conviction investing. Over the past 12 months, Palantir Technologies Inc (NASDAQ:PLTR) has skyrocketed roughly 351%, transforming Cathie Wood's stake into a near half-billion-dollar payday. Her 4.08 million shares, held steady through ups and downs, are now worth around $636 million, up from about $141 million a year ago.

Track PLTR stock here.

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