“Micron dropped 11% in a single session wiping $140 billion in market cap and is still up 260% year-to-date, leaving it stretched. Burry is short, NAND pricing came in below expectations, and the author sold MU to rotate into semicap equipment names that benefit directly from the same fab expansion spending.”
“Michael Burry is short MU.”
Prices are point-in-time snapshots from the named provider. The verdict compares the return since entry against the band above.