Why MicroStrategy Stock Plummeted Today

Shares of Strategy (MSTR -8.84%), formerly known as MicroStrategy, fell on Thursday. The company's stock lost 8.8% as of market close and was down as much as 12.7% earlier in the day. The steep decline outpaces the S&P 500's (^GSPC -4.84%) and Nasdaq Composite's (^IXIC -5.97%) worst single-day drop in years.President Trump's sweeping tariff announcement has sent shock waves through the market, especially affecting riskier assets like Strategy.Trump announces new tariffsStrategy is feeling the pressure after ...