Giant Pension Drops Nikola and Workhorse Stock. It Bought Palantir and Snowflake.

New Jersey’s authorities pension precocious made large changes successful its U.S.-traded banal investments, shifting from 1 blistery country of the marketplace to another.

State of New Jersey Common Pension Fund D, the pension’s largest money by assets, exited smaller investments successful the embattled electric-vehicle companies Nikola (ticker: NKLA) and Workhorse Group (WKHS), and added to positions successful data-analytics-software firms Palantir Technologies (PLNT) and Snowflake (SNOW) successful the 3rd quarter. The pension disclosed the banal trades, among others,...