Cathie Wood, the CEO and CIO of ARK Invest, recently trimmed her firm’s exposure to Palantir Technologies (PLTR) ahead of the data analytics company’s latest earnings release. This move continues a long-standing pattern of profit-taking by Wood and her team.
According to ARK’s daily trading disclosures, adjustments to the position reflect a cautious approach as Palantir prepares to report its earnings. Wood’s flagship fund remains actively managed, with trading decisions aimed at optimizing returns for investors.
Stay tuned for more updates on ARK Invest’s portfolio moves and the latest developments from Palantir Technologies.
https://seekingalpha.com/news/4514401-cathie-wood-sold-over-35k-shares-of-palantir-ahead-of-earnings?utm_source=feed_news_all&utm_medium=referral&feed_item_type=news