Cathie Wood's Exit Strategy Leaves Palantir Stock Unfazed Cathie Wood, the billionaire investor behind Ark Invest, has been selling off shares of Palantir.
The company's stock remains surprisingly resilient despite this sell off, having rallied 37% over the past month.
A Stock That Defies Expectations Palantir's fundamentals remain strong, with robust revenue growth and a diverse customer base. In FY25, government contracts contributed 54% to revenue.