Michael Burry, an Early GameStop Buyer, Is Back Hyping the Stock

Shares of GameStop Corp. rallied on Monday after Michael Burry, the money manager made famous by The Big Short, wrote that he has been buying the stock.

In a post on Substack, Burry expressed his confidence in the company’s chairman and chief executive officer, Ryan Cohen, who has tried a number of strategies to confront the challenges facing GameStop’s network of physical stores as online gaming becomes more popular.