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Cathie Wood-Led Ark Invest Dumps $7M Worth Of Palantir Stock Amid Searing Rally - ARK Innovation ETF (ARCA:ARKK), Palantir Technologies (NASDAQ:PLTR)

1. Ark Invest sold 71,069 PLTR shares amidst stock surge. 2. Palantir's revenue grew 36% year-over-year, strong commercial growth. 3. U.S. government revenue increased by 45%, analysts raised price targets.

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FAQ

Why Bearish?

Ark Invest's sale could signal profit-taking, affecting market sentiment.

How important is it?

Ark's trades are significant given their influence in the market and PLTR's performance.

Why Short Term?

The immediate sale may influence investor perception temporarily, like past sell-offs.

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