Lululemon: Michael Burry buys again after the stock crash - does the star investor see a significant turnaround opportunity?
Reading Time: 3 minutes
Michael Burry has re-entered Lululemon after completely exiting in October. After more than a 50% drop from the 52-week high, the P/E ratio for 2026 is only around 10. New products, a change in management, and a stronger brand strategy could initiate the turnaround. Michael Burry returns after the sell-off! Michael Burry, known for his successful bet against the U.S. real estate market before the 2008 financial crisis, has once again purchased shares of Lululemon (LULU) at around $106. The star investor announced this on Wednesday,...
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