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Stock impact report

As Michael Burry Buys Up GameStop, Wall Street Analysts Are Still Staying Far Away on the Sidelines [Yahoo! Finance]

GameStop Corporation (GME) 
Last gamestop corporation earnings: 3/26 04:06 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Best known for his prescient bet against the U.S. housing market ahead of the 2008 financial crisis, Burry's move signals a renewed vote of confidence in the embattled video game retailer's future prospects. The investor's disclosures have reignited debate about the stock's narrative, shifting from meme-fueled speculation to a value-oriented thesis. Dear Palantir Stock Fans, Mark Your Calendars for February 2 Unusual Put Options Activity in Micron Technology After MU Stock Doubles in 2 Months 2 Stocks to Buy as Microsoft Announces Its New Maia 200 AI Chip (Hint, Neither Is MSFT) Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Michael Burry disclosed that he has been buying GameStop shares as a long-term value investment, not a bet on renewed meme-stock speculation. He said he expects to be accumulating GME near 1x tangible book value and net asset value, citing confidence Show less Read more
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