Cathie Wood Sold $8 Million of AMD Stock in a Single Day
Yahoo Finance ·
On July 6, Cathie Wood was busy with her Ark empire, selling several positions and buying others. One particularly notable trade reported on the day was Advanced Micro Devices ( AMD +0.37% ) . Through Ark Innovation , Wood sold over 15,000 shares of AMD, which were valued at more than $8 million. That may seem like a cause for concern or an early warning that trouble could be brewing for AMD, as Ark may be seeing something retail investors might be missing. However, the selling is likely more about portfolio management than about anything wrong with AMD . On Feb. 3, Advanced Micro Devices reported its 2025 fourth-quarter results and 2025 full-year results. The updates weren't well-received. From Feb. 3 to Feb. 4, the stock price sank 17.3%. While some were panicking, Wood saw it as a buying opportunity.
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