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home / news releases / QRTEA - Why Michael Burry May Be Right On Qurate Retail's Turnaround

QRTEA - Why Michael Burry May Be Right On Qurate Retail's Turnaround

Qurate Retail Inc. Series A Common Stock

2024-02-20 03:14:13 ET

Summary

  • Michael Burry has invested in Qurate Retail, betting on its strong cash flow and ability to pay off debts.
  • QRTEA is a video and online commerce company that differentiates itself through live shows and exclusive sales.
  • The company's improving fundamentals, including debt reduction and increasing customer count, suggest its turnaround plan is working.
  • Shares a buy with price target of $2.

Investment Thesis

For further details see:

Why Michael Burry May Be Right On Qurate Retail's Turnaround
Stock Information
Company Name: Qurate Retail Inc. Series A Common Stock
Stock Symbol: QRTEA
Market: NASDAQ
Website: qurateretail.com
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