Home Stocks Is Palantir stock a Sell as ARK Invest cuts stake (PLTR:NASDAQ)

Is Palantir stock a Sell as ARK Invest cuts stake (PLTR:NASDAQ)

by Deidre Salcido
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hapabapa/iStock Editorial via Getty Images

Palantir Technologies (NASDAQ:PLTR), one of the best-performing tech stocks in 2024, fell roughly 13% over the past week, underperforming the NASDAQ Composite Index (COMP: IND), amid a ~$15M stake sale from ARK Invest.

After a series of similar sales over

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