SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EARNINGS ARTICLE H impact

Michael Burry Doubles Down on Major Retail Stock Post Drop

Lululemon Athletica NASDAQ:LULU is putting Michael Burry's contrarian investing thesis under serious pressure after shares plunged roughly 18% following fiscal Q2 earnings. Yet the Big Short investor, whose largest disclosed position is Lululemon, is not backing away. Burry said he would consider b…

LULU

Lululemon Athletica NASDAQ:LULU is putting Michael Burry's contrarian investing thesis under serious pressure after shares plunged roughly 18% following fiscal Q2 earnings.

Yet the Big Short investor, whose largest disclosed position is Lululemon, is not backing away.

Burry said he would consider b…