Strategy (NASDAQ: MSTR), Alibaba (NYSE: BABA), And Nike (NYSE: NKE) Stock Price Hit 52-Week Lows

Strategy (NASDAQ: MSTR), Alibaba (NYSE: BABA), And Nike (NYSE: NKE) Stock Price Hit 52-Week Lows

Strategy (NASDAQ: MSTR), Alibaba Group Holding Ltd. (NYSE: BABA), and Nike Inc. (NYSE: NKE) each tumbled to fresh 52-week lows last week, driven by a distinct set of negative catalysts for each company. MSTR stock slumped more than 3.5% at close on Friday, as a sharp decline in Bitcoin prices extended what became an eighth consecutive session of losses for the company’s shares. The prolonged sell-off erased approximately 29% of Strategy’s stock …