This Michael Burry stock just erased 10% of its value in a day
JD(JD) Finbold·2024-08-21 17:32
Recent 13F fillings for Q2 revealed that JD.com (NASDAQ: JD) stock is now legendary investor Michael Burry’s fifth-largest holding at 12.31% portfolio weighting after a 30.56% reduction in the previous quarter.Michael Burry’s portfolio. Source: DataRomaInterestingly, during the previous trading day, JD stock fell 4.57%, decreasing the price of JD shares to $28.19 at the close. Losses extended in pre-market trading by 7.09%.JD stock 24-hour price chart. Source: Google FinanceSo, what exactly caused the slump ...