President Trump Sells Palantir Stock and Buys an AI Stock Up 2,100% Since 2023
Trump's investment accounts sold Palantir and bought Western Digital in the first quarter.
Overview
President Trump's investment accounts made 3,642 stock trades during the first quarter, according to a recent public disclosure from the U.S. Office of Government Ethics.
Importantly, the accounts are managed by third-party institutions, meaning the president himself was not responsible for the decision to buy or sell any security. Nevertheless, it's intriguing to see where investment managers are allocating Trump's fortune.
Details
In the first quarter, he sold between $854,000 and $4.6 million in Palantir Technologies (NASDAQ: PLTR). He also purchased between $45,000 and $150,000 in Western Digital (NASDAQ: WDC), a stock up 2,100% since January 2023.
Source
Originally published at www.fool.com.
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