Palantir Technologies (PLTR) Stock Rebounds After Cathie Wood Buys the Dip, but AI Rival Fears Linger
Shares of Palantir Technologies Inc. edged up nearly 2% in premarket Monday following a notable purchase from Cathie Wood’s ARK Invest, which picked up 85,485 shares valued at around $11.15 million. The buying spree spanned five ETFs, signaling renewed confidence in the data analytics and defense software firm.
