Hier erfahren Sie, wie stark Michael Burry bei seiner Alibaba-Wette im Minus ist
Finanzen Bitcoin Ethereum Nachrichten Michael Burry made a name for himself by making a bet of a lifetime after successfully foreseeing the 2008 financial crisis and became a household name after the release of ‘The Big Short’ film depicting the events. After successfully shorting the housing market a decade and a half ago, Burry has been an intermittently active investor, and to this day, his portfolio holds several well-performing gems with the potential to skyrocket even higher. One investment has, however, been mostly contentious – the Chinese technology giant Alibaba (NYSE: BABA, HKG: 9988) – and so far, Burry has mostly been losing money on the $4.3 million purchase. Burry down $650,000 on Alibaba investment Since Michael Burry bought 50,000 BABA shares in the third quarter of 2023 for approximately $86.74 a piece, the stock has generally been on a decisive downtrend. In fact, the Chinese firm has declined as much as 21.84% in the last 6 months. The stocks performance has also been underwhelming in 2024 as, despite several rallies – particularly on news of government aid packages for the ailing market – it is 1.50% in the red year-to-date (YTD). Alibaba also took a stock market beating on the latest full trading day, February 7, after