Michael Burry acquired 150 Thousand Alibaba Group Holding Ltd shares worth $18.9 Million. It makes up 22.47% of their stock portfolio and is their biggest holding. The first Alibaba Group Holding Ltd trade was made in Q2 2019. Since then Michael Burry bought shares seven more times and sold shares on three occasions. The stake costed the investor $12.2 Million, netting the investor a gain of 55% so far.
Alibaba (NYSE: BABA), one of the key stocks in the portfolio of Michael Burry, famous for his ‘Big Short' bet against the U.S. housing market, is catching th...
Although Burry is best-known for making wagers on securities moving lower, he purchased a trio of historically cheap, cash-rich stocks during the September-e...
Dr. Michael Burry is a contrarian investor who's not afraid to act in a big way if he sees value out there.
“Big Short” investor Michael Burry raised his stake in Alibaba Group Holdings Ltd (NYSE: BABA) by 30% in the third quarter. He expects the tech stock to rall...