MicroStrategy (NASDAQ:MSTR) Shares Gap Up - Here's Why

Market Beat
2025.01.19 08:36
portai
I'm PortAI, I can summarize articles.

MicroStrategy (NASDAQ:MSTR) shares gapped up from $367.00 to $383.28, closing at $390.18 with significant trading volume. Analysts have raised price targets, with Barclays setting it at $515.00 and BTIG at $570.00, while the average target is $479.25. The company reported a quarterly loss of ($1.56) EPS, missing estimates, and revenue declined 10.3% year-over-year. Insider selling has occurred, with significant shares sold recently. Institutional investors have also increased their stakes in the company, indicating growing interest despite recent performance challenges.