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Executive Resignations Cause MicroStrategy Shares to Stumble

Earlier this month, business intelligence software company MicroStrategy Inc. revealed in a Securities and Exchange Commission filing that the firm is losing a significant portion of its executive suite following the resignation of two key officers. The July 8 filing divulged that both Kevin Norlin, senior executive vice president of worldwide sales, and Stephen Holdridge, senior executive vice president of worldwide services, have resigned. No reason was given for either resignation, both effective immediately...