"The Big Short" prototype shorted Nvidia in the first quarter.
The 13F filing submitted to the U.S. Securities and Exchange Commission on Thursday showed that Michael Burry's Scion Asset Management made a big bet on Nvidia stock using put options in the first quarter. From January to early April this year, Nvidia's stock price fell by 37%, indicating that Burry's bet seemed to be successful. However, after that, Nvidia's stock price rebounded, and its market value surpassed $300 billion again this week. It is not clear at the moment whether Burry continued to short Nvidia stock in the second quarter, or if he has ended his trades.
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