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Caterpillar stock retreats from record after Michael Burry discloses short position
Michael Burry disclosed a short position in Caterpillar at $1,060.98, calling its valuation unsupported. CAT shares fell up to 6.65% from record highs.
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cnbc.com
Michael Burry says he's shorting Caterpillar for the first time after it nearly doubled in the AI-driven rally of 2026
"Caterpillar jumped out at me," Burry said. "I have never shorted Caterpillar. It has always done great for me on the long side in the past."
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businessinsider.com
'Big Short' Michael Burry revealed fresh bets against Tesla, Nvidia, Caterpillar, and a chip index
Michael Burry of "The Big Short" revealed fresh bets against Tesla and chip stocks, and took a bearish position in Caterpillar for the first time.
