Billionaire Ken Griffin Is Selling Palantir and Buying a Stock Wall Street Expects to Rocket 139% Higher
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Billionaire Ken Griffin is selling shares of Palantir Technologies (PLTR) and purchasing another stock that Wall Street analysts expect to increase by 139%. This move is part of Griffin's investment strategy, as reported by the SEC.
December 02, 2024 | 9:45 am
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Ken Griffin is selling his shares in Palantir Technologies, which could indicate a lack of confidence in the stock's short-term performance.
Ken Griffin's decision to sell Palantir shares suggests he may not see strong short-term growth potential. This could influence other investors to reconsider their positions, potentially leading to a short-term price decline.
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