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Cathie Wood's ARK Trims AMD Position After Massive Rally

Benzinga Read original source (opens in a new tab)
The Story

News Summary

  • Cathie Wood’s ARK Invest trimmed its AMD position by over 37,000 shares after a significant 120% rally this year.
  • However, ARK remains a major holder, and the move appears to be routine portfolio management rather than a bearish retreat from the AI chip sector.
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AMD price history

516.13 +140.00% over the displayed period

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