Billionaire Ken Griffin Is Selling Palantir and Buying a Stock Wall Street Expects to Rocket 139% Higher
Citadel ended September with 91% fewer Palantir shares, despite the stock's eye-popping gains, after selling about 5.2 million in the third quarter. Citadel also hedges its common stock position with lots of put and call contracts. Overall, though, it looks like Griffin isn't expecting the AI giant's bull run to continue.