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Could MicroStrategy Stock Help You Become a Millionaire?
MSTRMicroStrategy(MSTR) The Motley Fool·2024-01-20 12:25

MicroStrategy (MSTR -1.15%), a developer of data mining and analytics software, made a lot of investors millionaires shortly after its public debut on June 11, 1998. It went public at a split-adjusted price of 60pershareandeventuallyskyrocketedtoanalltimehighof60 per share and eventually skyrocketed to an all-time high of 3,130 during the peak of the dot-com bubble on March 10, 2000.Today, MicroStrategy's stock only trades at about 480.A480. A 20,000 investment in its initial public offering (IPO) would have blossomed to $1.04 million before shrinking back t ...