STRC Falls 5% Below Par: Normal Preferred Behavior or Warning Sign?
Some observers noted that lower share prices and higher yields can create a feedback loop that may become harder for Strategy to manage. Strategy’s preferred stock STRC closed Wednesday at $94.65, about 5% below its $100 par value, touching off a wave of alarm on social media. While some critics have aired concern about the...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
