The Rise as an AI Powerhouse Palantir Technologies (NASDAQ:PLTR) has solidified its status as a dominant force in artificial intelligence (AI), transforming data analytics into actionable intelligence ...

Cathie Wood's investment funds also bought millions of shares of Palantir in the fourth-quarter of 2021 when PLTR traded way above $20. On these trades, losses were significantly higher.

Cathie Wood of Ark Invest has been selling Palantir stock, despite it being the best-performing stock in the S&P 500 this year. ... Palantir is trading at more 60 times sales, ...

Cathie Wood's position in Palantir is spread across five different funds: ... Palantir's price-to-sales (P/S) multiple of 94 is also encroaching on all-time high territory.

Cathie Wood of Ark Invest has been selling Palantir stock, despite it being the best-performing stock in the S&P 500 this year. ... Palantir is trading at more 60 times sales, ...

Cathie Wood of Ark Invest has been selling Palantir stock, despite it being the best-performing stock in the S&P 500 this year. ... Palantir is trading at more 60 times sales, ...

Cathie Wood of Ark Invest has been selling Palantir stock, despite it being the best-performing stock in the S&P 500 this year.

According to that data, Wood and her team reduced their holdings of Palantir across Ark's various funds by roughly 1.9 million shares between Sept. 11 and Nov. 15. In the chart above, the date of ...