# Adobe (NASDAQ: ADBE) stock drew attention earlier in April on a later-confirmed rumor that the legendary ‘Big Short’ trader Michael Burry has taken a long position in the equity.

*business · news · 2026-04-22 · Finbold*

## Key points

- Adobe approved a $25 billion stock buyback program to signal confidence amid AI disruption fears.
- Michael Burry confirmed a long position in Adobe, gaining 6.18% by April 22's premarket session.
- Burry sees Adobe and other software stocks as having bottomed despite recent AI-related downturn concerns.
- Burry also disclosed new investments in Autodesk, Veeva, PayPal, Salesforce, and MSCI this April.

**Companies:** Adobe, Autodesk, Salesforce, PayPal, MSCI, Veeva
**Countries:** United States

[Read the full story on Finbold](https://finbold.com/this-michael-burry-stock-just-approved-25-billion-share-buyback/)

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