By Rick Munarriz
Publication Date: 2026-03-27 13:17:00
Cathie Wood is doing some spring cleaning. The co-founder and CEO of Ark Invest lightened her stakes in more than three dozen stocks across her ETF family’s holdings on Thursday. It was her busiest day of selling — in terms of the number of companies she unloaded — in months.
Some of the more intriguing names on that list of positions are Netflix (NFLX +0.10%), Broadcom (AVGO 2.35%), and Advanced Micro Devices (AMD 1.15%). In stark contrast, she only added to one stock: oncology and hereditary testing products specialist Tempus AI. I often spend time looking at her purchases, but this time I want to focus on her Thursday selling spree.
Image source: Getty Images.
1. Netflix
Netflix stock has soared 10% since agreeing to terminate its deal to acquire Warner Bros. Discovery a month ago. It’s a return made sweeter with the market down 6% in that time, but it’s not just the stock of the leading premium video streaming service that’s moving higher.
Netflix announced on Thursday…
