MicroStrategy (MSTR) Stock Price closed 8.9 percent higher after a volatile session. MSTR opened at $245 and touched an intraday high at $263 before closing at $260.59.
Coinbase Global stock opened the trading session at $316.90 and touched an intraday high at $326.3. The stock was trading around $315 levels at the market close.
Markets turned bearish on cryptocurrency related stocks on Monday with Coinbase Global, Robinhood Markets, Marathon Holdings and MicroStrategy Incorporated facing selling pressure.
Coinbase Global gained 2 percent as cryptocurrencies witnessed a recovery after a highly volatile session on Monday. Bitcoin, Ethereum and Solana faced massive selling pressure at higher levels.
Premarket trades in Rivian, Mersana Therapeutics, MicroStrategy (MSTR) and Honest Company after positive news, have led to decent returns for investors holding these stocks.
