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"The Big Short" Michael Burry Reveals Continued Buying of GameStop, Stock Price Soars 8.8% Intraday
BlockBeats News, January 27th, Michael Burry, the famous "Big Short" investor in the United States, stated in a post, "I hold GameStop (GME) and have been buying more recently. I anticipate that the price I paid may soon approach 1x tangible book value and 1x net asset value. I do not expect to achieve long-term value through short squeezing and am willing to hold long term."
Impacted by this news, GameStop's stock price surged significantly during Monday's trading, rising 8.8% at one point and closing at $24.01, up 4.44%.
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