MicroStrategy Inc (MSTR) experienced an 11.23% surge in pre-market trading on Wednesday morning, propelling the stock to 1169. The company’s short-term technical score of 75 indicates a bullish trend over the last month, outperforming 75% of stocks in the market. Within the Software – Application industry, ranked 68 out of 146 industries, MSTR surpasses 76% of stocks. Over the past month, MicroStrategy Inc has seen a remarkable 110.16% rise, closing at $508.01 on February 7. During this period, the stock fluctuated between a low of $508.01 and a high of $1,359.91. Analysts favor the stock with a Strong Buy recommendation and an average price target of $795.00.
With an Overall Score of 58, MicroStrategy Inc exhibits a Long-Term Technical rank of 99, positioning the company in the upper echelon of stocks over the last 200 trading days. In the Software – Application industry, MSTR outperforms 74% of stocks, ranking 74 by this metric. Notable dates for investors in MSTR include pending earnings and dividend dates.
For those interested in staying informed, subscribing to the daily morning update newsletter can provide essential market news and insights. In related news, other stocks such as Pixelworks, Inc. (PXLW), Minim Inc (MINM), GSI Technology, Inc. (GSIT), Hewlett-Packard, Skyworks Solutions Inc (SWKS), and Palantir Technologies Inc (PLTR) have also seen notable movements in the market.
MicroStrategy Inc continues to make waves in the market, attracting attention from investors and analysts alike. As the company’s performance remains under the spotlight, market participants eagerly await further developments and updates.
