Strategy Inc Variable Rate Preferred Stock (1H Chart)
In May, it was ranging around $100, and then at the start of June, it began a bearish trend, recently accelerating to a sharp drop at $84.74, a decline of about 14%.
The last few candlesticks are nearly vertical, showing no signs of stabilization. It's rare to see a Preferred Stock tanking like this; usually, these types are pretty stable.
Is anyone keeping an eye on this one? Any idea what's driving this action?
#美股 #股票 #Strategy
In May, it was ranging around $100, and then at the start of June, it began a bearish trend, recently accelerating to a sharp drop at $84.74, a decline of about 14%.
The last few candlesticks are nearly vertical, showing no signs of stabilization. It's rare to see a Preferred Stock tanking like this; usually, these types are pretty stable.
Is anyone keeping an eye on this one? Any idea what's driving this action?
#美股 #股票 #Strategy