"The Big Short" Michael Burry Reveals Continued Buying of GameStop, Stock Price Surges 8.8% Intraday

BlockBeats News, January 27th. Renowned American "Big Short" investor Michael Burry posted, stating, "I am long $GME. I have been buying it to the point where I may have taken it close to 1x tangible book value. I am not in it for the short squeeze. I am willing to hold as long as I believe the company will create long-term value."

Following this news, GameStop's stock price surged by as much as 8.8% intraday on Monday, closing at $24.01, up 4.44%.