Palantir Stock Is the Worst Performer in the S&P 500 Tuesday. Cathie Wood's Ark Invest Sells Shares.
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Palantir stock has experienced a significant decline, dropping 12% over the last two days, marking its worst performance since May 2024. This decline coincides with Cathie Wood's Ark Invest selling shares of Palantir.
January 07, 2025 | 10:00 pm
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Palantir stock has dropped 12% over the last two days, marking its worst performance since May 2024. This decline is linked to Cathie Wood's Ark Invest selling shares.
The significant drop in Palantir's stock price is directly linked to the selling of shares by a major investor, Ark Invest, led by Cathie Wood. This action likely triggered a negative market reaction, leading to the stock's poor performance.
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