Michael Burry Sells Entire GameStop Stake
Noted 'Big Short' investor Michael Burry has exited his entire position in GameStop. This move comes after a significant eBay bid and amid reports of him also shorting Palantir.
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Michael Burry sells GameStop after Ryan Cohen's hefty eBay bid: 'Never confuse debt for creativity'
The "Big Short" investor said the proposed deal's enormous leverage shattered the investment case he had been building.
Read full article →'Big Short' investor Michael Burry confirms he's sold GameStop and says he's shorting Palantir
Michael Burry, the investor of "The Big Short" fame, has exited his GameStop position. James Devaney/WireImage Michael Burry says he's sold his GameStop stake and opened an "outright short" on Palantir. He wrote on Substack that GameStop's proposed eBay deal doesn't fit his "Instant Berkshire" idea. The "Big Short" star also refreshed his bets against microchip stocks, the Nasdaq 100, and Nvidia. Michael Burry says he's given up on GameStop — and ramped up his bet against Palantir. "I sold ...
Read full article →'Big Short' Investor Michael Burry Exits GameStop After eBay Bid
Read full article →Michael Burry exits entire GameStop stake after $56B eBay bid
Read full article →After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position
After Bizarre CEO Interview On CNBC, Michael Burry Exits GameStop Position Michael Burry has exited his position in GameStop Corp., saying the retailer’s reported bid for eBay Inc. changed the investment case, according to Bloomberg. In a Monday post to his Substack subscribers, Burry said a potential $56 billion cash-and-stock acquisition would likely require too much debt and no longer aligned with his original thesis for GameStop. He had previously backed the company in 20...
By Tyler Durden
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