Strategy shares fell nearly 10% on Friday, their steepest one-day drop since February, after MSCI proposed excluding "non-operating companies" from its indexes, with a final list due Nov. 11 and rules taking effect after the close on Nov. 30. Yahoo Finance
Yahoo FinanceStrategy stock falls 10% as Michael SaylorStrategy stock fell more than 3% on Friday after index provider MSCI announced new eligibility rules that could lead to the removal of Michael Saylor
Fundstrat estimates about $2 billion of related selling and says the market can absorb it; is an investment-fund-like balance sheet a fair basis for index exclusion?
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