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-0.0011477588498248 6.04083605172123E-05 0.00114775884982497 0.00456083121904086 0.0108130965325602 0.00308082638637199 -0.00160082155370295 -0.00151020901292722
Stock impact report

Strategy (MSTR) Stock Trades Up, Here Is Why [Yahoo! Finance]

Strategy Inc - Class A (MSTR) 
Last strategy inc - class a earnings: 4/28 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.microstrategy.com
Company Research Source: Yahoo! Finance
MicroStrategy's stock performance was closely linked to the cryptocurrency market because the company held a large amount of Bitcoin. The digital currency traded around the $88,000 level following recent gains and weeks of fluctuations. Although it showed upward momentum, Bitcoin met resistance near the $90,000 mark. The price touched $89,893 before it started to decrease, but the overall positive trend appeared to lift investor sentiment for the software company. After the initial pop the shares cooled down to $167.67, up 1.5% from previous close. Is now the time to buy Strategy? Access our full analysis report here Strategy's shares are extremely volatile and have had 59 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 3 days ago when the stock gained 4.8% on the news that the pri Show less Read more
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