‘Big Short’ investor Michael Burry doubles stake in cosmetics maker Estee Lauder

Reuters on MSN.com

Image Credit: Reuters on MSN.com

Please find more details at Reuters on MSN.com

Summary

Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder , at a time when the beauty giant’s new CEO is steering the company through a transformation to overcome weak demand in key markets such as North America and China.

Source: Reuters on MSN.com

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