'Big Short' Is Long On Molina Healthcare Stock—Was He Big Wrong?

Michael Burry, the man who famously bet against the housing market, is no stranger to lonely trades. In late 2025, as health insurers faced a brutal landscape of rising medical costs and regulatory pressure, Burry made his move.

In the third quarter of 2025, he liquidated his high-profile stake in UnitedHealth Group Inc. (NYSE:UNH) and rotated heavily into Molina Healthcare, Inc. (NYSE:MOH).

MOH stock is moving. See the chart and price action here. 

Tuesday was a rough day for major insurers as the market digested a shockingly low 2027 Medicare rate proposal from the Centers for Medicare & Medicaid Services (CMS). Molina shares dropped 8% and UnitedHealth fell 19%, while Humana, Inc. (NYSE:HUM) ...