Cathie Wood's money managing firm Ark Invest on Tuesday bought 1.48 million shares—  estimated to be worth $35.98 million— in Palantir Technologies Inc (NYSE:PLTR) on the dip and after months of booking profit in the stock. Shares of the Peter Thiel-backed company closed 9.35% lower at $24.25 a share on Tuesday.
Cathie Wood Rushes To Load Up $36M In Palantir As Its Stock Crashes 9%