MicroStrategy Stock (MSTR) Declines Over 1.7% in Morning Trading
Shares of MicroStrategy Inc (NASDAQ: MSTR) experienced a downturn during the morning trading session on April 28th, trading significantly lower than the previous day’s close.
As of 10:57 am GMT-4, the business intelligence and Bitcoin holding company’s stock was priced at 362.22 USD. This represented a drop of 6.49 USD, or 1.76 percent, for the day so far. This level is considerably below the prior closing price of 368.71 USD.
The trading session began with MicroStrategy opening higher at 373.29 USD and briefly reaching a high of 373.66 USD. However, the stock faced selling pressure, falling to an intraday low of 359.35 USD before partially recovering to the price reported mid-morning.
According to the market data, MicroStrategy’s market capitalization is listed as 9.63KCr. The company currently does not have a reported Price-to-Earnings (P/E) ratio and does not offer a dividend yield to shareholders.
Looking at the stock’s performance over the past year, the current price is below its 52-week high of 542.99 USD. However, it remains substantially elevated from its 52-week low of 101.00 USD, indicating significant volatility and gains within the period.
