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Cathie Wood Dumps Nearly $37 Million of AMD, Alphabet and Meta Stock
GuruFocus ·
GuruFocus reports: Advanced Micro Devices Inc. (AMD, Financials), the semiconductor company competing for a larger share of the AI computing market, was among three major technology holdings trimmed by Cathie Wood's ARK Investment Management. ARK sold 22,500 shares of AMD valued at around $13.96 million, 25,342 shares of Alphabet valued at $8.74 million and 19,779 shares of Meta Platforms valued at approximately $14.26 million. The sales were around $36.96 million in total. The timing is…
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