Cathie Wood dumps millions of Palantir and Tesla stock; Here's what she bought
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Cathie Wood, CEO of Ark Investment Management, has sold millions of shares in Palantir and Tesla. The article discusses her investment strategy and what she has purchased instead.
November 26, 2024 | 2:15 pm
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NEGATIVE IMPACT
Cathie Wood has sold millions of shares in Palantir, indicating a potential shift in her investment strategy.
Cathie Wood's decision to sell a significant amount of Palantir shares suggests a lack of confidence in the stock's short-term performance, potentially leading to a decrease in its price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Cathie Wood has sold millions of shares in Tesla, which may impact the stock's short-term price.
The sale of a large number of Tesla shares by a prominent investor like Cathie Wood could signal a bearish outlook, potentially affecting the stock's short-term price negatively.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80