Cathie Wood-led Ark Invest on Wednesday further increased her bets on Palantir Technologies Inc (NYSE: PLTR) on a day shares of the Peter Thiel-co-founded data analytics company extended gains.
Cathie Wood-led Ark Invest on Tuesday further increased the exposure in Palantir Technologies Inc (NYSE: PLTR), continuing its buying spree in the Peter Thiel-co-founded data analytics company on the dip.
Michael Burry, best known for his bet against the housing market featured in “The Big Short," recently disclosed a short position in Cathie Wood's ARK Innovation ETF (NYSE: ARKK).
Cathie Wood-led Ark Invest on Monday continued its buying spree in Palantir Technologies Inc (NYSE: PLTR), piled up 2.57 million shares — estimated to be worth about $63 million — on the dip.
Palantir shares closed 1.61% lower at $24.50 on Monday.
It could be time to buy the VanEck Vectors Oil Services ETF (NYSE: OIH). It’s oversold and it's also at support. Both of these dynamics may result in a rally.
Cathie Wood-led Ark Invest on Friday snapped up 1.156 million shares — estimated to be worth about $28.78 million — in Palantir Technologies Inc (NYSE: PLTR).