6:55 PM · 19 February 2021

ARK Invest loads up on Palantir

Palantir Technologies (PLTR.US) stock surged more than 13% today after investor Cathie Wood from ARK Investment acquired 5.3 million shares on Thursday as the stock fell after a lockup expiration. Wood, which investment decisions turned out to be very fruitful last year, said that she upped her bets on the data company.  The shares were bought through the ARK Innovation ETF and the holding accounts for 0.5% of its total weight. According to StreetInsider, earlier this week, Wood's other fund - ARK Next Generation Internet ETF -  bought 1.6 million shares of Palantir, and now owns 4 million shares.

Palantir announced this week revenue would increase 45% in the first quarter of 2021. In the previous quarter, revenue surged by 40%, to $322 million, well above analysts’ expectations of $300.7 million.

Palantir (PLTR.US) stock launched today's session higher breaking above the upper limit of the ascending channel, however buyers failed to break above the major resistance at $30.25 and price pulled back. The nearest support lies at the $24.82. Source: xStation5
4 September 2026, 6:45 AM

Morning Wrap: Can NFP Confirm Waller’s Dovish Turn?

3 September 2026, 7:08 PM

Daily Summary: Nasdaq, Gold, and Bitcoin benefit from lower bond yields (03.09.2026)

3 September 2026, 4:03 PM

US Open: Dovish Waller supports the stock market (03.09.2026)

3 September 2026, 11:00 AM

Broadcom Delivers Record Results. The Market Is Already Looking Much Further Ahead

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits