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News 2026-10-06 05:39 UTC

Michael Burry Sells Lululemon, Buys Deckers

Michael Burry's fund sold its Lululemon (LULU) stake and bought Deckers (DECK) as LULU hit a 52-week low. Burry stated the move was a tax-loss sale and he plans to repurchase LULU after the mandatory 30-day waiting period.