Ken Griffin sold most of his Palantir stock, investing heavily in Chipotle instead.

Ken Griffin, head of Citadel Advisors, sold 91% of his stake in Palantir Technologies, an AI company, and invested more in Chipotle Mexican Grill. Despite Palantir's growth and high stock valuation, Griffin chose to increase his investment in Chipotle, buying over 7 million shares, a 454% increase. Chipotle's resilient performance, with revenue up 13% and earnings per share up 22%, likely attracted Griffin's interest.

4 months ago
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