Michael Burry's $10 million slip—Which stock did he sell too soon?

As Donald Trump’s victory in the 2024 presidential elections ignited an impressive rally for private prison stocks, an old Michael Burry bet once again came into focus, although, unfortunately, due to all the gains he missed by selling early.Specifically, Geo Group (NYSE: GEO) stock collapsed in value from above $12 to about$7 during the first quarter (Q1) of 2023, prompting ‘The Big Short’ investor to make a $5 million bet in Q2 of the same year.Burry cleared his stake in the private prison company only a ...