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MicroStrategy Inc. Has Gapped Open Sharply Lower After Q4 Report

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

MicroStrategy Inc. (MSTR) reported fourth quarter net income of $1.66 per share after the close Wednesday, up from $1.17 per share in the prior year period. The consensus estimate was for EPS of $1.61.

MicroStrategy Inc. gapped down sharply Thursday morning and is now lower by 13.03 at $83.61. The stock has fallen below its 50-day moving average and is now testing support, trading at a month and a half low.

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