STRC isn't the worst, but what's got MicroStrategy's preferred shareholders panicking?
STRC's current price is 86.25, with an IPO price of $90, typically trading around $100, which means it's taking a significant discount at 86%.
The $STRF, with higher dividend priority, is holding steady at a reasonable price.
On the flip side, $STRK and $STRD, which have lower dividend priority, are trading at an even steeper discount compared to their IPO prices.
But here's the kicker:
The $STRE, issued in Europe and with lower priority than $STRC, had an IPO price of 80 euros and is currently priced at 81.8 euros, still trading at a premium.
Could it be that Americans are more sensitive and panicked about the Fed's interest rate hikes?
STRC's current price is 86.25, with an IPO price of $90, typically trading around $100, which means it's taking a significant discount at 86%.
The $STRF, with higher dividend priority, is holding steady at a reasonable price.
On the flip side, $STRK and $STRD, which have lower dividend priority, are trading at an even steeper discount compared to their IPO prices.
But here's the kicker:
The $STRE, issued in Europe and with lower priority than $STRC, had an IPO price of 80 euros and is currently priced at 81.8 euros, still trading at a premium.
Could it be that Americans are more sensitive and panicked about the Fed's interest rate hikes?