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Michael Burry takes new long positions in Adobe, Autodesk, and Veeva, betting on a rebound in software stocks.

Market News
14 Apr 2026
Finbold
View Source
Bullish
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Michael Burry, known for his 'Big Short' trade, has taken new long positions in Adobe, Autodesk, and Veeva amid significant declines in these software stocks since 2026. He believes these companies are nearing a bottom and poised for an upward correction. Adobe, Autodesk, and Veeva have all dropped over 23% this year, reflecting investor fears about AI's impact on software firms. Burry's move suggests confidence that these stocks will recover as the market adjusts to AI developments.

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