Cathie Wood Goes On a Selling Spree: 3 Stocks She Just Sold

Key Points

• Cathie Wood sold some of her shares in Netflix, Broadcom, and AMD on Thursday.

• Netflix has been recovering since walking away from its Warner Bros. Discovery deal.

• Broadcom and AMD are riding high on the AI trend, but have been sliding lately.

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 (NASDAQ: NFLX), Broadcom (NASDAQ: AVGO), and Advanced Micro Devices (NASDAQ: AMD). 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.

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