Cathie Wood sells another $7.69 million in leading AI stock
Maverick investor Cathie Wood has just done what she does best: stirring the stock market’s proverbial pot while maintaining her faith in innovation. ARK Invest’s Nov. 3 trade disclosure saw her shed $7.69 million worth of Palantir (PLTR), even after the defense AI poster-child posted superb Q3 earnings, sending its shares up 10% in five days. Year to date, Palantir stock has skyrocketed north of 170%, and it shot up 20% in the past month alone. At the same time, Wood doubled down on other conviction pl ...