Analysis: MicroStrategy's stock price has fallen nearly 25% since November 21, and it may be difficult to enter the S&P 500

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Cointime2024/12/20 09:44

By:Cointime

the cryptocurrency market has experienced a downturn. On Thursday, MicroStrategy's stock price fell by 6.6% to $326.46. Since hitting a historical high of $543 in intraday trading on November 21, MicroStrategy's stock price has fallen by nearly 25%. Analysts believe that although the company is about to join the Nasdaq 100 index on December 23, which may attract index-related buying, its stock price may still face some pressure. Barron's warned that the high premium may make MicroStrategy's stock price vulnerable to a pullback as the premium further shrinks. Despite rumors that MicroStrategy may be included in the SP 500 index due to accounting rule changes taking effect in 2025 after the Nasdaq index adjustment, the likelihood of this happening seems slim.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Cryptopolitan•2025/03/10 22:22