'Big Short' Investor Michael Burry Is Done with GameStop
7 Articles
7 Articles
Michael Burry Exits Position in GameStop Stock (GME) after $56B Bid for eBay
Michael Burry has exited his position in GameStop (GME), just days after the video game retailer surprised markets with a $56 billion offer to acquire eBay (EBAY). The news was reported by The Wall Street Journal. The investor, best known for “The Big Short,” confirmed the sale in a Monday Substack post.Claim 55% Off TipRanks Burry’s commentary on the proposed deal has drawn attention. While he wrote that “GameStop bid for eBay makes perfect sen…
Michael Burry Bails on GameStop — and His Exit Says Everything About the eBay Deal - Channelchek
When the investor who called the 2008 housing crash walks away from a position, the market pays attention. Michael Burry, the Scion Asset Management founder made famous by The Big Short, confirmed Monday that he exited his entire GameStop (NYSE: GME) stake — and the reason behind the move cuts straight to the heart of one of the most audacious M&A proposals in recent memory. The trigger: GameStop’s unsolicited, nonbinding offer to acquire eBay (…
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