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.
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.