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Cathie Wood Dumps Millions of AMD Stock Amid Massive Rally
GuruFocus ·
GuruFocus reports: Advanced Micro Devices has drawn a major portfolio reduction from Cathie Wood's ARK Invest, with the investment firm selling 181,767 shares worth about $111.1 million during the week ended Oct. 2. The transaction represents ARK's largest disclosed reduction for the period. The sale comes after a substantial run in AMD shares this year, making the position a notable source of portfolio rebalancing. ARK's move does not amount to a complete exit from AMD. Instead, the latest…