Wall Street closes at a record for the first time since end of January
Investing.com -- US-listed shares of JD.com rose 2.0% on Friday after investor Michael Burry disclosed he purchased shares in the China-based online marketplace.
Burry, known for his role in "The Big Short," also bought Alibaba, he wrote in a Substack post.
"JD is a significant add, and Alibaba is a new position, a little over 6%," with JD "a bit more than that," the post for paid subscribers read.
Recent weakness in JD provided "an attractive entry point," according to the post..
Separately, Burry wrote that he bought GameStop, "adding to an already decent sized position," and that he purchased shares in Fiserv.
Burry also wrote that he added to his Nvidia puts, "this time buying the January 27 Strike 115 puts at 3.30."
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