Cathie Wood Sends Fresh Warning on AMD Stock
GuruFocus·
- Ark Invest reduced its position in Advanced Micro Devices by selling 3,679 shares valued at about $1.8 million following a prior sale of $13.1 million.
- The transactions coincide with AMD completing a $4.75 billion senior notes offering with debt maturities extending from 2029 through 2036.
- The repeated selling reflects portfolio adjustments amid shifting market conditions and may add near-term pressure on AMD stock.
