Strategy Inc. (MSTR) surged 24.76% after Trump's tariff delay and higher Bitcoin prices.
From Yahoo Finance: 2025-04-10 08:31:00
The stock market rebounded after Trump’s announcement to pause higher tariffs, with the Dow Jones up by 7.87%, S&P 500 by 9.52%, and Nasdaq by 12.16%. 10 companies with high international trade exposure led the charge. Strategy Inc. (MSTR) surged by 24.76% to $296.86, benefiting from higher Bitcoin prices and Trump’s tariff delay. MSTR recently acquired 22,048 Bitcoins for $1.92 billion, its largest purchase to date. Investment firm TD Cowen reaffirmed a Buy rating with a $550 price target for MSTR. MSTR ranks 6th on the list of stocks boosted by market cheer, but AI stocks are seen as having greater potential for higher returns in a shorter time frame.
Read more at Yahoo Finance: Why Strategy Inc. (MSTR) Went Up On Wednesday?