Analysis: MicroStrategy’s stock price has dropped nearly 25% from November 21, and it may be difficult to enter the S&P500
Editor
2024-12-20 17:32 4,353
Share to:
Golden Finance reported that the cryptocurrency market suffered a decline. MicroStrategy's stock price fell 6.6% on Thursday to close at $326.46. Since hitting an intraday record high of $543 on November 21, MicroStrategy's stock price has fallen by nearly 25%. Analysts believe that although The company's upcoming addition to the Nasdaq 100 on December 23 may attract index-related buying, but its stock price may still come under some pressure. "Barron's" issued an article warning that too high a premium may make MicroStrategy's stock price vulnerable to a correction when the premium shrinks further. While there are rumors that MicroStrategy could be included in the S&P 500 due to accounting rule changes set to take effect in 2025 after the Nasdaq realignment, the likelihood of that seems slim.