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"Big Short" Michael Burry reveals continuous purchases of GameStop, with the stock price soaring as much as 8.8% intraday
BlockBeats News, January 27 — Well-known American “Big Short” Michael Burry posted that “I hold GameStop (GME) and have been buying recently. I expect that the price I bought at may soon approach 1x tangible book value and 1x net asset value. I am not expecting to achieve long-term value through short squeeze, and I am willing to hold long-term.”
Following this news, GameStop’s stock price surged as much as 8.8% during Monday’s trading session, closing at $24.01, up 4.44%.