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Michael Burry calls Lululemon his portfolio trickster: why he is buying the crash

Source: invezz.com

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Michael Burry calls Lululemon his portfolio trickster: why he is buying the crash

Lululemon shares have fallen more than 50% year-to-date and dropped below $100 for the first time since 2018 after weak product launches, declining Americas sales, and another guidance cut. The article frames Michael Burry as taking a contrarian position in a stock Wall Street has broadly abandoned, but provides no position size or transaction details.

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strongly negative

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