Yandex, MicroStrategy, Blackbaud, and Yelp were down big on Thursday.
News & Analysis: MicroStrategy
The software company delivered a big earnings increase.
Investors didn't let a weak quarter get them down.
Two executives resign. Whether they jumped or were pushed may not even matter.
Investors couldn't look past the company's massive drop in net income and earnings per share in the second quarter.
Earnings tumbled during the second quarter, and management sees the possibility of lower margins ahead.
Despite poor revenue performance, the company beat analysts' estimates two times last year -- and investors reaped the benefits.
The enterprise software company beat pessimistic expectations, sending the stock higher.
The ongoing turnaround at the software company has yet to bear fruit.