Michael Burry Bets on GameStop's Long-Term Value with Recent Purchase

Monday, Jan 26, 2026 1:25 pm ET1min read
GME--

GameStop shares surged 8% on Monday after Michael Burry, a well-known investor, revealed he's buying the stock as a long-term value investment. Burry believes in GameStop CEO Ryan Cohen and his strategy, saying he'll hold long-term and is excited to see where it goes. He stressed that his investment is not tied to meme-stock speculation or a short squeeze.

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