Palantir shares are trading higher. Cathie Wood's Ark Invest purchased over 1.26 million shares of the stock.
Portfolio Pulse from Benzinga Newsdesk
Cathie Wood's Ark Invest has purchased over 1.26 million shares of Palantir, causing the stock to trade higher.
May 18, 2023 | 3:08 pm
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Palantir's stock price is trading higher after Ark Invest purchased over 1.26 million shares.
The purchase of 1.26 million shares by Ark Invest, a well-known investment firm led by Cathie Wood, has increased demand for Palantir's stock, driving the price higher in the short term.
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