🔴 CAT is trading 3.4% down today after Michael Burry discloses short position

CAT is trading 3.4% down at $1,029.00 after Michael Burry publicly disclosed a short position and framed the stock as part of an AI-driven overvaluation bubble.

• Burry's short position was reportedly initiated at approximately $1,060.98, according to recent disclosures.
• While broader U.S. equity futures are trading lower, the sharp decline in CAT suggests the move is primarily driven by company-specific sentiment following Burry’s bearish call.