Cathie Wood Sells $11.7 Million in AMD Shares Amid Stock Decline
Cathie Wood of Ark Investment Management sold $11.7 million worth of shares in Advanced Micro Devices (AMD) as the semiconductor stock declined. This move comes amid a broader underperformance by her flagship Ark Innovation ETF, which has struggled compared to major indices like the S&P 500.
Topics: AMD ARKK Cathie Wood investment strategy semiconductors