GLOBALFOUNDRIES Inc. (NASDAQ:GFS) Shares Sold by SG Americas Securities LLC

GLOBALFOUNDRIES Inc. is a semiconductor manufacturing company that operates in the global semiconductor industry. The company's NASDAQGFS stock symbol represents its common stock traded on the Nasdaq Global Select Market.

SG Americas Securities LLC is a financial services firm that provides investment banking, securities trading, and asset management services to institutional clients. The company operates in various markets, including North America, Europe, Asia, and Latin America.

In the 3rd quarter of the year, SG Americas Securities LLC cut its position in shares of GLOBALFOUNDRIES Inc. NASDAQGFS by 30.8%. This means that the fund sold 7,547 shares of the company's stock during the quarter, reducing its ownership from 24,475 shares to 16,928 shares.

It is important to note that this information was disclosed by SG Americas Securities LLC in a report filed with the Securities and Exchange Commission (SEC). The SEC requires publicly traded companies to disclose information about their stock ownership and transactions to investors and regulators. This helps ensure transparency and accountability in the financial markets.