Cathie Wood-led Ark Invest on Thursday increased the exposure in Palantir Technologies Inc (NYSE: PLTR) as the shares of the data analytics firm soared amid strong customer growth in its U.S. commercial business reported for the second quarter.
One of Cathie Wood-led Ark Invest's key exchange traded funds on Wednesday nearly trimmed all of its exposure to Netflix Inc (NASDAQ: NFLX) as it sold 1,627 shares, estimated to be worth about $833,674, in the online video streaming service.
Cathie Wood-led Ark Invest on Tuesday further reduced its exposure in Netflix Inc (NASDAQ: NFLX) by about 71% as it shed 75,109 shares — estimated to be worth about $38.74 million — in the streaming video-on-demand service provider.
Cathie Wood-led Ark Invest on Monday reduced its exposure in Netflix Inc (NASDAQ: NFLX) by 12.3%, as it shed 14,762 shares — estimated to be worth about $7.68 million — in the online video streaming service.