It has been a forgettable second half of the year so far for enterprise analytics and mobility software firm Strategy (NASDAQ: MSTR). The company, formerly known as MicroStrategy, has lost more than 47% since its year-to-date (YTD) high on July 16.
That shows quite the reversal from 2024, when the stock hit its highest levels since before the dot-com crash sent it spiraling downward. But a lot has changed in 25 years, and this time around, Strategy’s plummeting share price has nothing to do with a bubble. In fact, the recent sell-off in AI and nuclear stocks has little to do with the company's poor performance, nor does its financial performance last quarter.
