$COIN $MSTR Not their day today! $MSTR staying under 1 HR clouds https://t.co/M94viVdNne
$MSTR traded in a 17% range today. $70-80B market cap. No news, other than bitcoin's price swung 4%. Seems fair.
Oof. $MSTR ended the day down 8% after hitting intraday record high earlier in the session.
$MSTR, the stock of MicroStrategy, experienced significant volatility on November 13, 2024. The stock opened at $383 but ended the day down 8%, following a trading range of 17%. Earlier in the session, $MSTR had reached an intraday record high. This decline occurred amidst a broader market downturn, with Bitcoin ($BTC) dropping 4% and Coinbase ($COIN) falling 15%. The market capitalization of MicroStrategy is estimated to be between $70 billion and $80 billion. Analysts noted that there was no specific news driving the stock's movement, attributing the fluctuations to the swings in Bitcoin's price.
