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ARK Investment Management Offloads 23,573 AMD Shares for $11.7M on July 17

2026-07-20 06:57:54

AMD8.18%

According to TheStreet, Cathey Wood's ARK Investment Management sold 23,573 AMD shares worth approximately $11.7 million on July 17. The fund has continued reducing its AMD position throughout the month, bringing total July sales to 137,421 shares, valued at around $68.1 million. AMD shares fell more than 11% over the past week amid broader semiconductor sector weakness. Despite the recent selloffs, AMD remains the eighth-largest holding in ARK Innovation ETF.

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