MicroStrategy Incorporated (NASDAQ:MSTR) shares are trading lower on continued downward momentum after the D.C. Attorney General Karl A. Racine announced a lawsuit against Chairman Michael Saylor.
What Happened?
Racine took to Twitter Wednesday afternoon to announce a lawsuit against Saylor for alleged tax fraud.
“Today, we’re suing Michael Saylor – a billionaire tech executive who has lived in the District for more than a decade but has never paid any DC income taxes – for tax fraud,” Racine said via tweet… Read More
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According to data from Benzinga Pro, MicroStrategy Incorporated has a 52-week high of $891.38 and a 52-week low of $134.09.
