Michael Burry ‘Docked LULU’ For Near-Term ‘Uncertainty’ — Believes Lululemon ‘Will Come Back’
Michael Burry is confident Lululemon will recover despite the stock’s 48% crash this year. Michael Burry said he lowered his Lululemon valuation to reflect near-term growth uncertainty. He remains optimistic about Lululemon’s long-term recovery. Burry sold Lululemon shares to claim a tax benefit and temporarily switched to Deckers. “The Big Short” fame Michael Burry said … Read more