Post says LULU rose 8% while DECK fell 10% after hours, hurting Burry's proxy trade
A Reddit r/stocks post claims Michael Burry sold LULU for tax-harvest reasons, planned to rebuy 30 days later, and bought DECK as a proxy that he argued would move similarly to LULU. The post states LULU surged 8% that day while DECK fell 10% in after-hours trading following its earnings reaction.
Why “Rumor”
- Only community or trader posts: r/stocks
0 independent source groups across 1 post · evidence score 9/100. How labels work
What the sources claim
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The post claims LULU surged 8% on the day.
“LULU surged 8 % today”
r/stocks -
The post claims DECK fell 10% in after-hours trading after its earnings reaction.
“the immediate reaction to DECK earnings has sent the stock down 10 % in after hours trading”
r/stocks -
The post claims Burry sold LULU for tax-harvest reasons and planned to buy it back 30 days later.
“he sells it for tax harvest reasons but planned to buy it back 30 days later”
r/stocks -
The post claims Burry bought DECK as a proxy, arguing it would likely move similarly to LULU.
“he bought DECK as a proxy arguing it would likely move similarly to LULU”
r/stocks
Sources
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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-22 21:20 UTC. Labels are computed from the sources, not by the model.