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MicroStrategy Inc. (MSTR) Surged To A 9-Month High After Q1 Report

MicroStrategy Inc. (MSTR) reported first quarter EPS of $0.02 after the close Wednesday, down from $0.10 in the previous year. The consensus estimate was for EPS of $0.04.

MicroStrategy gapped up and spiked sharply higher in early trade Thursday, but settled into a narrow range for the majority of the session. The stock closed up by 14.20 at $156.24, with volume at a 3-month high. MicroStrategy rose above a one-month range and set a 9-month high.

by RTTNews Staff Writer

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