‘Big Short' investor Michael Burry bets on CNN parent Warner Bros. Discovery, restaurant firms
WBDWarner Bros. Discovery(WBD) New York Post·2024-02-15 04:03

Hedge fund manager Michael Burry, known for his prescient calls ahead of the 2008 US housing market crash, picked up shares of Warner Bros. Discovery in the fourth quarter of 2023 while closing out a put option position on semiconductor stocks, securities filings released on Wednesday showed. Burry’s Scion Asset Management added 375,000 shares of the parent of CNN over the quarter. Other new additions included 200,000 shares of restaurant software company Toast Inc., 225,000 shares of discount retail chain ...