Ark Invest, led by Cathie Wood, is shifting its investment strategy toward disruptive technologies, reducing its position in AMD.
Steady: 0 in the last 7 days
Updated oct 16
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How it started
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What happened
Ark Invest, led by Cathie Wood, is shifting its investment strategy toward disruptive technologies, reducing its position in AMD.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Cathie Wood is reducing ARK's exposure to memory chips.1 source
ARK trimmed AMD holdings and bought Rocket Lab shares as part of its strategy shift.1 source
- Ark Invest sold shares of AMD stock, with Benzinga reporting on the stock trends.Sub-event
- Cathie Wood sold AMD shares as part of portfolio management on July 8, while also buying shares during a dip in February.Sub-event
Ark Invest is shifting its investment strategy toward disruptive technologies, reducing its AMD position.1 source
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The entities involved
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Ark Invest
American asset management firm
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Cathie Wood
American investor and businesswoman; CEO of Ark Invest
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AMD
American multinational semiconductor company