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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Doubles Down on SpaceX Bet Amid Dip in Stock, Keeps on Dumping AMD Stock

Germany,,Mannheim,January,29.,2025,,Sign,Or,Lettering,Of,Ark

Cathie Wood-led Ark Invest made notable portfolio adjustments on Tuesday, emphasizing a shift toward private space exposure while trimming semiconductor holdings. The firm added to Space Exploration Technologies Corp (NASDAQ:SPCX) across multiple ETFs and reduced its position in Advanced Micro Devices Inc (NASDAQ:AMD) amid recent market weakness.

The Space Exploration Technologies Corp Trade

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