stocks / 4 posts found
Asian stocks edge down as investors await US election results
Cryptocurrency What is included in my trial? During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. For a full comparison of Standard and Premium Digital, click here. Change the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. What […]
MicroStrategy Stocks Plunged 10% After a Downgrade to “Underporformance”
Cryptocurrency Jefferies analyst Brent Thill downgraded the software analytics provider to “underperform” from “hold” as the ongoing crypto shambles failed to demonstrate strong signals for a market reversal. The downgrade that categorized the stock from “hold” to “underperformance” maintained its price target at $180. Following the news and bitcoin dipping below $21,000 on Tuesday, shares of Microstrategy went down over 10% to $237. With the total market cap at $2.8 billion, MicroStrategy now holds 129,200 BTC worth approximately $2.7 billion. After spending nearly $4 billion on accumulating its stash, the NASDAQ-listed giant sits on an unrealized loss of a whopping […]
Gold, Stocks, and Bitcoin (BTC): Weekly Overview — April 21
This week’s price movements for Bitcoin (BTC) and gold -and our stock pick is Robinhood. BTC Bitcoin (BTC) has struggled a bit over the past two weeks, trading at roughly $43,500 on April 7 – and falling by $1,000 by April 9. Despite rising to $43,250 the next day, BTC dropped further to $39,500 on April 11. After some spikes it rose again to $41,500 by April 14, only to fall back down later in the day. Rising above $40,000 the next few days, it dropped again to nearly $35,750 on April 18, before shooting up later in the day, […]
