The Big Short’s Michael Burry Just Ditched All Of His GameStop Stock After Years Of Hyping The Company: ‘When Hundreds Of Billions Are On The Table, Bet On Craven Greed’
Kotaku | 06.05.2026 00:13
GameStop’s meme stock status has allowed it nine lives to try to reinvent itself as something other than a brick-and-mortar retailer for physical games. Its latest quixotic bet is a $56 billion leveraged buyout of eBay, which CEO Ryan Cohen could barely explain on live TV earlier this week. GameStop’s stock price has taken a hit as a result, and even some of its biggest backers are spooked. One of them, Michael Burry of The Big Short fame, has even pulled the ripcord and entirely liquidated his position.