📉 Burry Trade Turns Both Ways The popular narrative was simple: long what Michael Burry shorts and p

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📉 Burry Trade Turns Both Ways

The popular narrative was simple: long what Michael Burry shorts and print profits. Today showed it works both ways.

Lululemon shares fell to their lowest since 2018, down 20% on yesterday’s report. The company makes socks, but it is Burry’s largest long position.

The stock is now about 60% below his entry.

A phenomenon?

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