PLTR is trading at $132.79 (+3.70%) following news of ARK Invest's significant share purchase and supportive remarks from former President Trump.
- ARK Invest acquired 85,485 shares worth $11.15 million on April 11, signaling strong institutional interest.
- The stock is significantly outperforming the broader market, with the NASDAQ up 0.30% while the Dow has declined 0.51%.
- PLTR has successfully bucked the trend of broader market declines after closing at $128.06 on April 10.