$59.28
24h
+1.68%
28 Aug, 13:54
Burry's Bullish PayPal Position
Bullish+8.51%
AI Summary
Michael Burry's bullish PayPal position remains profitable with 9% gains despite recent 11% decline from abandoned takeover talks.
Update: It's been 134 days since Michael Burry publicly went bullish on PayPal $PYPL
It's up 9% since
On July 15th, PayPal spiked 17% after rumors of a buyout
Later that day, Michael Burry said this about the buyout, "simply too low" in regards to the offer
Last night, Stripe and private equity firm Advent International abandoned PayPal takeover plans
$PYPL is down 11% today but Burry is still up