The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of 2024.
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WOW.
MicroStrategy stock, $MSTR, just fell a MASSIVE -35% from its peak seen on November 21st.
That's ~$30 BILLION of market cap erased in 4 trading days as #Bitcoin fell ~9% from its high.
This is one $MSTR's largest 4-day drops in history.
What just happened?
(a thread)
WOW.
MicroStrategy stock, $MSTR, just fell a MASSIVE -35% from its peak seen on November 21st.
That's ~$30 BILLION of market cap erased in 4 trading days as #Bitcoin fell ~9% from its high.
This is one $MSTR's largest 4-day drops in history.
What just happened?
(a thread)
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