Why Cathie Wood dumped $75M in AMD after a massive surge

Cathie Wood’s investment firm, Ark Invest, made a notable move on April 24, offloading approximately $75 million worth of Advanced Micro Devices shares right as the chipmaker’s stock was riding one of its strongest runs in recent memory. The timing of the sale raised eyebrows across Wall Street, coming on the heels of a remarkable […] The post Why Cathie Wood dumped $75M in AMD after a massive surge appeared first on Rolling Out.

Why Cathie Wood dumped $75M in AMD after a massive surge

Cathie Wood’s investment firm, Ark Invest, made a notable move on April 24, offloading approximately $75 million worth of Advanced Micro Devices shares right as the chipmaker’s stock was riding one of its strongest runs in recent memory. The timing of the sale raised eyebrows across Wall Street, coming on the heels of a remarkable […]

The post Why Cathie Wood dumped $75M in AMD after a massive surge appeared first on Rolling Out.