Shares of AI software company Palantir (PLTR) dropped over 6% at the time of writing after ARK Invest, led by CathieWood, sold $15 million worth of shares across its ETFs. A post from Ark ...
However, the stock trades at a very lofty valuation. Wood's selling follows the pick-up in selling by Palantir executives and insiders who began much more aggressively selling the stock in ...