Business Mag Search: Investments
Palantir jumps 15% on bet from Cathie Wood's Ark Invest. Here's what she bought and sold this week
13 days ago - By CNBC
Ark disclosed its flagship fund - Ark Innovation - bought more than 5.2 million shares of Palantir on Thursday.
Read more ...Cathie Wood's Ark Invest ETFs acquired over 6.8 million shares of Palantir in the last week as the stock dipped
14 days ago - By Business Insider
Summary List Placement Cathie Wood's Ark Invest ETFs have acquired 6,834,900 shares of Palantir in the past week amid falling share prices at the company.
Palantir faced a six-day losing streak throughout the week after it posted a surprise earnings loss and a lockup expiration freed 80% of the big data firm's stock to trade publicly.
Two of Cathie Wood's top exchange-traded funds took advantage of the dip.
The ARK Innovation ETF, ticker ARKK, bought 5,274,700 shares of the big data firm on Thursday and the ARK Next Generation Internet ETF, ticker ARKW, purchased 1,560,200 shares on...
Read more ...Cathie Wood's Ark Invest ETFs acquired over 6.8 million shares of Palantir in the last week as the stock dipped
14 days ago - By Business Insider
Cathie Wood is the CEO and chief investment officer of ARK Invest, which runs three of the highest-returning stock ETFs of the last three years.
ARK Invest
Cathie Wood's ARK Innovation ETF and ARK Next Generation Internet ETF acquired 6.8 million shares of Palantir in the last week.
The shares are worth roughly $172 million as of Thursday's closing price.
Wood bought the dip in Palantir after a surprise earnings loss and a lockup expiration caused share prices to fall.
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Cathie Wood's Ark Invest ETFs have acquired...
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