There is little fun to be had in the final trading session of 2022. Shares of casino operator Caesars Entertainment were off nearly 3% shortly after markets opened, which was the weakest performance in the S 500. The stock has since rebounded slightly. Norwegian Cruise Line Holdings stock was down about 2%. So-called “stay at home stocks” weren’t doing much better: Netflix shares also shed about 2%. Read More...
TheStreet.com
MicroStrategy Sells Bitcoin For the First Time
MicroStrategy, the company of Michael Saylor, one of the most fervent evangelists of Bitcoin, has sold the king of cryptocurrencies. The firm said it bought approximately 2,395 bitcoins for approximately $42.8 million in cash, at an average price of approximately $17,871 per bitcoin, inclusive of fees and expenses, between November 1 and December 21. The transaction was made at an average price of approximately $17,871 per bitcoin, inclusive of fees and expenses.
