MSTR Drops 5.98% as Seven Crypto-Linked Stocks Slide Before Open

Seven U.S.-listed stocks tied to crypto were lower in premarket trading Oct. 22, with declines ranging from 4.35% to 6.13%; MSTR fell 5.98%, the second-steepest drop in the group.

PURR had the largest loss at 6.13%, 0.15 percentage point more than MSTR. SBET was down 5.51%, and BMNR fell 5.38%. CRCL declined 5%, while HOOD and COIN posted smaller losses of 4.44% and 4.35%, respectively.

All seven tickers were in negative territory before the U.S. session, and five lost at least 5%. The gap between PURR, the weakest performer, and COIN, which had the smallest decline, was 1.78 percentage points. MSTR's drop exceeded COIN's by 1.63 percentage points and HOOD's by 1.54 points.

The figures show losses across all seven crypto-linked shares, with declines between 4.35% and 6.13%. MSTR ranked near the top of the declines but did not lead them; PURR had the largest percentage drop among the seven shares.