Data News > Pre Market Movers: Top 3 Nasdaq-100 Performers of 2024

Pre Market Movers: Top 3 Nasdaq-100 Performers of 2024

By KlickAnalytics Data Insights  |   December 31, 2024 09:00AM ET

Key Points

- Nasdaq-100 set to end 2024 with a 28% gain
- MicroStrategy stock price dropping after Bitcoin buying spree

The Nasdaq-100 index, known for tracking the 100 largest nonfinancial companies in the Nasdaq Composite, is expected to finish 2024 on a high note with a notable 28% gain. This tech-heavy index has seen significant growth throughout the year, showcasing the strength of the top companies within its composition.

However, not all companies within the Nasdaq-100 have seen positive movement in their stock prices. MicroStrategy, an American business intelligence firm listed under the ticker symbol MSTR on the NASDAQ, has experienced a decline in its share price. This downward trend is occurring as the company continues its aggressive strategy of purchasing Bitcoin (BTC).

Despite the overall success of the Nasdaq-100 index in 2024, MicroStrategy's stock price has been negatively impacted by its ongoing Bitcoin buying spree. Investors are closely monitoring the situation to see how this approach will affect the company's financial performance and market value in the long run.

The contrast between the overall performance of the Nasdaq-100 and the struggles of MicroStrategy highlights the diverse nature of the stock market. While some companies thrive and contribute to the index's growth, others face challenges that can lead to declines in their stock prices.

As the year comes to a close, investors will continue to watch the movements of both the Nasdaq-100 index and individual companies like MicroStrategy. The dynamics of the stock market are ever-changing, and staying informed about these developments is crucial for making sound investment decisions.

MicroStrategy's stock price decline serves as a reminder of the risks associated with aggressive investment strategies, especially those involving volatile assets like Bitcoin. It underscores the importance of thorough research and risk management in navigating the complexities of the financial markets.

About MSTR
MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting that provides customers with architecture and implementation services to help them quickly realize results, and helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that offers free and paid learning options. The company provides its services through enterprise sales force and channel partners. It serves companies from a range of industries, including retail, consulting, technology, manufacturing, finance, banking, insurance, healthcare, education, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.

For more information:
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  • Price Distribution
  • Analyst Recommendations
  • Earning Price Impact Analysis
  • Seasonality


  • Disclaimer: the above is a summary showing certain market information. KlickAnalytics is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from various resources and more. Communications displaying market prices, data and other information available in this post are meant for purely for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.