Investor Michael Burry opens positions in DraftKings and Flutter, increases holdings in JD.com

Burry stated that the above-mentioned purchases are all new positions. A certain exchange subsequently gave back part of its gains, rising by about 0.5% and 1% respectively. Burry wrote: “The business operations of a certain exchange are at an inflection point, with its value stemming from the transformation I foresee in the near term. The exchange was previously affected by poor capital allocation, but is essentially a very well-run and large-scale company.” Burry also mentioned that he increased his holdings in JD.com stock.