Cathie Wood's Ark Invest Scoops Up Over $4M Worth Of Palantir, Meta Platforms Shares – Markets Insider

Cathie Wood’s investment firm, Ark Invest, has recently acquired over $4 million worth of shares in Palantir and Meta Platforms. The move comes as part of Ark Invest’s strategy to diversify its portfolio and capitalize on the potential growth of these technology companies. Palantir, a data analytics company, and Meta Platforms, the parent company of Facebook, have both shown promising performance in the market. Cathie Wood’s decision to invest in these companies reflects her confidence in their future prospects. This move by Ark Invest highlights the firm’s proactive approach to identifying and investing in promising opportunities in the market.