Michael Burry shifts to healthcare, buys Molina Healthcare stock
Michael Burry revealed he bought Molina Healthcare stock and bet against Palantir, calling it a combo "like peanut butter and bananas". Scion bought 1,25,000 Molina shares despite its 53% YTD slump and a reduced 2025 outlook tied to rising medical costs. The insurer also priced $850 million in senior notes Monday as shares jumped over 5% overnight.