MicroStrategy Set New High For Year Friday

MicroStrategy Inc. (MSTR) reported third quarter EPS of $1.73 after the bell Thursday, which exceeded the consensus estimate of $0.94. Revenues rose 15% to $104.02 million, from $90.63 million in the prior-year quarter.

MicroStrategy Inc. gapped up sharply Friday and climbed in early trade, before settling into a range. The stock finished up by $13.83 at $87.27 on the highest volume of the year. MicroStrategy broke out of a one-month range and set a new high for the year.

by RTTNews Staff Writer

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