MarketPR
Lululemon Athletica (LULU) is in focus after Michael Burry publicly identified it as his single largest investment position, pledging to add aggressively to his stake should shares fall below $100.
That level is now the clearest reference point the market has for how Burry calibrates the downside case. The conditional structure of Burry's commitment matters as much as the commitment itself.
He has not indicated he is adding at current prices.
The $100 floor is the trigger, which means the level is load-bearing: it signals where Burry sees enough margin to build size, and it gives the market a concrete number to anchor against rather than an open-ended endorsement of the name.
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