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Analysis: MicroStrategy's stock price has fallen nearly 25% since November 21, potentially making it difficult to enter the S&P500

Analysis: MicroStrategy's stock price has fallen nearly 25% since November 21, potentially making it difficult to enter the S&P500

Bitget2024/12/20 09:49

On December 20, the cryptocurrency market suffered a decline, with MicroStrategy's stock price falling 6.6% on Thursday to close at $326.46. Since hitting an intraday historical high of $543 on November 21, MicroStrategy's stock price has fallen nearly 25%. Analysts believe that despite the company's upcoming inclusion in the Nasdaq 100 index on December 23, which could attract index-related buying, its stock price may still face some pressure. Barron's Weekly issued a warning stating that excessive premiums could make MicroStrategy's stock price prone to correction when premiums further shrink. Despite rumors that after adjustments to the Nasdaq index, MicroStrategy might be included in the SP 500 due to accounting rule changes set to take effect in 2025, this possibility seems extremely slim.

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