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Burry Bearish On Palantir
Description
Michael Burry confirmed he is maintaining bearish positions on both Palantir and Nvidia. He holds June 2027 $50 puts and December 2026 $100 puts on Palantir, calling it "wildly overvalued" with fundamental value under $50. Palantir fell 13.7% for the week and is down 28% in 2026. Burry also increased his bearish bet on Nvidia with January 2027 $115 puts.
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