MSTR Officially Dropped From MSCI, Shares Fall Below $120 Post-Market and Risk Sliding Toward $105
TradingKey - On November 11 ET, shares of Strategy (MSTR) rose 1.06% during regular trading hours to close at $122.35. However, after MSCI officially announced its removal from relevant equity indices, the stock fell below $120 in after-hours trading, sliding about 2.3%. This index adjustment may impact passive funds' holdings of MSTR, while heightening market concerns over the company's future financing capabilities and its Bitcoin reserve model.
TradingKey - On November 11 ET, shares of Strategy (MSTR) rose 1.06% during regular trading hours to close at $122.35. However, after MSCI officially announced its removal from relevant equity indices, the stock fell below $120 in after-hours trading, sliding about 2.3%. This index adjustment may impact passive funds' holdings of MSTR, while heightening market concerns over the company's future financing capabilities and its Bitcoin reserve model.
What's Your Reaction?
