Did Merit Medical change its CEO?
Yes, investor Michael Burry has recently disclosed an increased position in Adobe stock. In mid-2026, Burry revealed that he had boosted his stakes in both Adobe and Veeva Systems, characterizing them as "lighter-expectations stocks" that could offer value amidst a broader market correction for richly valued technology firms. Burry’s analysis highlighted Adobe’s gross margins and the momentum behind its Firefly AI products as key drivers for his bullish outlook on the company. This move is consistent with his strategy of identifying value opportunities in software companies that have experienced price pullbacks, even while he simultaneously maintains a cautious and corrective outlook on the overall valuation of the broader technology sector.
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