Previous close | 188.31 |
Open | 195.00 |
Bid | 207.25 x 800 |
Ask | 205.39 x 900 |
Day's range | 194.00 - 207.99 |
52-week range | 134.09 - 891.38 |
Volume | |
Avg. volume | 893,140 |
Market cap | 2.321B |
Beta (5Y monthly) | 1.74 |
PE ratio (TTM) | N/A |
EPS (TTM) | -53.33 |
Earnings date | 27 Jul 2022 - 01 Aug 2022 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 527.67 |
What do you do when you head the public company from outside the financial world with the biggest exposure to bitcoin, and you have just seen nearly $5bn of your notional profits evaporate? If you are Michael Saylor of US software company MicroStrategy, you sit tight and keep preaching the gospel of crypto. “Bitcoin represents the digital transformation of money, property, currency, energy, & matter,” he adds.
The S&P 500 experienced a 5.8% drop, and the investments I figured would fare worse did a lot better. Let's go over my near-term concerns with all three investments. Time hasn't been kind to Rite Aid since it rejected a buyout proposal to take the drugstore operator private at $14.60 a share three months ago.
MicroStrategy (NASDAQ: MSTR) it may technically be an enterprise software company, though founder and Chief Executive Officer Michael Saylor is increasingly fixated on Bitcoin (CRYPTO: BTC). The end result is MicroStrategy has taken nearly $4 billion real U.S. dollars and purchased more than 129,000 Bitcoins over the past two years. One of its loans is at risk because the price of Bitcoin has plunged roughly 50% in the past three months.