MSTR’s preferred 'STRC' drops below par after Ex dividend date
CoinDesk
MSTR's preferred stock, STRC, fell below its par value following its ex-dividend date.Summary
The preferred stock issued by MSTR, identified as 'STRC', experienced a decline in price, dropping below its par value subsequent to the ex-dividend date. This event typically occurs when the right to receive the next dividend payment has passed, which can sometimes lead to a temporary price adjustment as the stock trades without the value of the upcoming dividend.
(Source：CoinDesk)