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Michael Burry Sells Alibaba, Invests in JD.com Citing Valuation Concerns
Investor Michael Burry has exited his position in Alibaba, citing concerns over its valuation and stating that the stock would need to fall 50% to be attractive. He has instead built a large position in JD.com.
23 Aug, 16:49 — 23 Aug, 17:58
The Story
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Source Diversity
High (51/100)4 sources30/33
Spectrum spread— 3/5 buckets covered17/33
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Left (1)
Yahoo
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Center (2)
investing-comfortune
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Right (1)
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Geographic diversity— 1 region4/34
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Sources
Showing 3 of 4 sources
fortune1h ago
Burry says he sold Alibaba, calling it pricey before share sale
“I planned to move most of it back after a month or two. No longer,” Burry said in a post on Substack.
By Se Young Lee, Bloomberg
Read full article →YahooMostly Factual2h ago
Burry Says He Sold Alibaba, Calling It Pricey Before Share Sale
Read full article →seeking-alphaMixed1h ago
Michael Burry dumps Alibaba for JD.com, says BABA would need to fall 50%
Read full article →Coverage Timeline
First report: Yahoo · 23 Aug, 16:49|Full coverage: 4 · 2h|Window: 2h
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