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Event Brief

Michael Burry urges reducing positions as stocks go parabolic

Michael Burry said investors should reduce positions almost entirely as enthusiasm around AI and momentum trades push valuations higher.
WHO: Michael Burry
WHAT: Burry’s advice to cut positions in parabolic stock moves
WHEN: May 11, 2026 at 11:08 AM ET
WHERE: Location not specified
WHY: No specific cause was reported.

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