After Plunging 16%, MicroStrategy Makes Modest Recovery In Friday Pre-Market: Is There Still Hope For A $100K BTC Effect?
Posted On November 22, 2024
After a sharp decline on Thursday, MicroStrategy Inc. (NASDAQ:MSTR) is showing signs of recovery in pre-market trading on Friday.
What Happened: MicroStrategy experienced a 2.73% increase in pre-market trading early Friday morning, following a significant 16% drop on Thursday, according to Benzinga Pro on Friday.
The company’s stock closed 16% lower at $397.28 on Thursday, reflecting the volatility linked to Bitcoin (CRYPTO: BTC). As of 6:25 am ET on Friday, Bitcoin was trading at $98,608.30, with some experts predicting it could soon hit …
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