Cathie Wood's ARK buys up more Palantir shares while selling some Shopify stock
ARK Investment purchased over $10 million worth of Palantir shares after the stock dipped more than 8% on Thursday.
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Posted 9/1/2023, 12:01:00 PM
marketwatch.com
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Palantir Technologies' enterprise AI software sales process and implementation take time, hindering the company's revenue growth despite the hype surrounding generative AI chat, making the stock a better deal at around $14 rather than $20.