Michael Burry’s Build-A-Bear Bet Takes A Hit As Stock Suffers Worst Week Since COVID Rout – ‘I Spy An Atypical Turnaround Dance’
Build-A-Bear stock plunged after a weaker outlook, prompting Michael Burry to reassess his investment thesis. Michael Burry said Build-A-Bear’s weak earnings and lowered commercial revenue outlook have raised concerns about its strategy. However, Burry has not abandoned the stock, viewing it as an unpopular value opportunity. He said the earnings report hurt his thesis and … Read more