MicroStrategy Surprise

from the ouch,-ouch,-ouch dept

If you’ve been following MicroStrategy recently, you might have noticed that the stock has increased insanely (even more insanely than most insane stocks) over the past couple of months. Today however, it came crashing down as the company announced they had to revise earnings from the past two years. The stock has dropped more than 50%! I wonder if this will put a damper on Michael Saylor’s “Internet University” plans (though he is still worth a few billion).

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