A Big Fund Slashed Its Stake in GameStop Stock. It Bought Moderna and Palantir.

A large Alaskan bureau has slashed holdings successful a alleged meme stock, and made different large changes successful its banal investments.

The Alaska Department of Revenue sold astir of its GameStop (ticker: GME) banal successful the 3rd quarter. It besides initiated positions successful Moderna (MRNA) and Palantir Technologies (PLTR) stock, and bulked up its holdings successful Analog Devices (ADI) stock. The bureau disclosed the transactions, among others, successful a signifier filed with the Securities and Exchange Commission.

The...