Lesson learned.. don't invest

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SatieTIG
2022-03-03

Lesson learned.. don't invest where Cathie is investing. You will surely loose.

Palantir Stock Dropped More Than 5% in Morning Trading

Palantir stock dropped more than 5% in morning trading.Cathie Wood led Ark Investment Management on

Palantir Stock Dropped More Than 5% in Morning Trading

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PaperPlay
·2022-03-03
Now that ARK dumped $PLTR, it is time for $PLTR to reflect amongst its true investors that understands its business (hence Time Horizon)
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BGTAN
·2022-03-03
she like a trader. not a fund manager [LOL]
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You will surely loose.</p></body></html>","htmlText":"<html><head></head><body><p>Lesson learned.. don't invest where Cathie is investing. You will surely loose.</p></body></html>","text":"Lesson learned.. don't invest where Cathie is investing. You will surely loose.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9033661621","repostId":1169317964,"repostType":4,"repost":{"id":"1169317964","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1646233906,"share":"https://www.laohu8.com/m/news/1169317964?lang=&edition=full","pubTime":"2022-03-02 23:11","market":"us","language":"en","title":"Palantir Stock Dropped More Than 5% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1169317964","media":"Tiger Newspress","summary":"Palantir stock dropped more than 5% in morning trading.Cathie Wood led Ark Investment Management on ","content":"<html><head></head><body><p>Palantir stock dropped more than 5% in morning trading.</p><p><img src=\"https://static.tigerbbs.com/8121afd2d0441ef0ec445d28b8c69e24\" tg-width=\"839\" tg-height=\"616\" width=\"100%\" height=\"auto\"/></p><p><b>Cathie Wood</b> led <b>Ark Investment Management</b> on Tuesday shed nearly all of its exposure in the <b>Peter Thie</b>l-backed <b>Palantir Technologies Inc</b>( NYSE:PLTR).</p><p>The popular stock-picking firm sold 298 shares —estimated to be worth $3,629— in Palantir, based on Tuesday&#39;s closing price.</p><p>Palantir stock closed 2.78% higher at $12.2 a share on Tuesday. 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The stock is down 34.3% year-to-date.</p><p>Ark Invest held over 30 million shares in Palantir until mid-February and rushed to dump shares in the data analytics company known for its work with government agencies after it reported dismal earnings.</p><p>The popular investment firm shed nearly all of its exposure in just about seven trades.</p><p>Prior to the recent sell-off, Ark Invest had been piling up shares in Palantir for months.</p><p>Palantir shares fell nearly 16% after it reported fourth-quarter earnings of 2 cents per share, missing the analyst consensus estimate of 4 cents. It had, however, beat revenue expectations.</p><p>“Palantir reported a significant deceleration in growth in the larger government division, suggesting perhaps a change in government procurement behavior,” Wood had said in a note.</p><p>The St. Petersburg, Florida-based Palantir now holds 200 shares in Palantir after Tuesday’s sale.</p><p>Wedbush on Monday named Palantir among cybersecurity companies that are likely to benefit from the significant ramp-up of cyber warfare by Russian nation-state backed organizations over the coming weeks targeting various U.S. and Europe enterprises and government agencies.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169317964","content_text":"Palantir stock dropped more than 5% in morning trading.Cathie Wood led Ark Investment Management on Tuesday shed nearly all of its exposure in the Peter Thiel-backed Palantir Technologies Inc( NYSE:PLTR).The popular stock-picking firm sold 298 shares —estimated to be worth $3,629— in Palantir, based on Tuesday's closing price.Palantir stock closed 2.78% higher at $12.2 a share on Tuesday. 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