Cathie Wood’s ARK Invest purchased 30,528 Palantir shares as the stock rebounded from a 45% decline below its 2025 peak.
ARK Invest acquired 30,528 shares of Palantir Technologies (PLTR) across three ETFs as the stock traded near a 12-month low of $107.27. The purchase occurred during a rebound, with PLTR rising over 5% to $113 after a seven-session losing streak.
Palantir has fallen roughly 45% from its November 2025 high of $159, reflecting investor concerns about AI-driven disruption in traditional software markets. Despite the decline, the company maintains strong government and commercial AI platform demand.
The stock’s recent volatility highlights broader Wall Street skepticism about AI-exposed software firms, though Palantir retains high-profile backers like ARK Invest amid its slump.