AMD Stock: Cathie Wood Buys $28 Million After Earnings Crash

TLDR ARK Invest purchased 141,108 AMD shares valued at $28.2 million following a 17% stock decline AMD crashed to $200.19 despite reporting Q4 earnings of $1.53 per share and $10.27 billion revenue The chip maker’s Q1 guidance of $9.5-$10.1 billion beat consensus but disappointed investors ARK Innovation ETF bought the most shares at 76,518, leading [...]

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