Why MicroStrategy could see stock price plummet

MicroStrategy Inc (NASDAQ: MSTR) is one of the best-performing stocks in 2024 as of mid-October. MSTR stock price chart with bearish divergences. Source: Alan Santana At the beginning of the year, MSTR's stock price was $68.52. At press time, MicroStrategy shares are trading at $202.44 — having rallied by 50% over the last 30 days to bring year-to-date (YTD) returns up to 196.01%. The most recent upswing saw the company's stock price rise from $196.40 to $212 following the October 11 announcement of plans t ...