$PLTR just tracks $ARKK: hard truth.
Yegor's avatar
What does that mean
Arnaldo Trezzi's avatar
@from100kto1m PLTR stock price doesn't follow its own dynamics as much as it blindly follows $ARKK which doesn't have Palantir since March.

Palantir stock is moved by correlation and flows on speculative companies more than its fundamentals = potential asymmetry
AverageInvestor's avatar
The last year of this chart is interesting - didn’t $ARKK unload $PLTR in March of ‘22?
Arnaldo Trezzi's avatar
@averageinvestor Correct! Cathie sold Palantir as war broke out (which is the perfect catalyst...)
Maverick Equity Research's avatar
correlation vs causation ;))



Already have an account?