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["The Big Short" Burry reduces his holdings in Veeva but remains bullish, saying Snowflake is "seriously overvalued"] On September 4th, well-known investor and prototype of the movie "The Big Short" Michael Bury reiterated his bullish stance on Veeva Systems, but at the same time stated that he had reduced his holdings after the stock's recent sharp rise. In addition, Burry also criticized Snowflake's overvaluation. Burry disclosed its position in Veeva in April this year as part of its software sector rebound strategy, and further increased its position in May, saying at the time that "Veeva is still cheap." After the stock price quickly climbed to near the key resistance level, he recently reduced his holdings.
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