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STRC Drops to $82.53 on June 18 Before Rebounding to Around $90.50, Jeff Walton Says

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2026-06-22 21:19:41
STRC fell to $82.53 on June 18 before rebounding to around $90.50, according to Jeff Walton. According to NS3.AI, Walton attributed the price move to leverage liquidations and broader selling pressure.

Walton said the decline was not driven by deteriorating credit quality. He added that forced selling tied to leverage liquidation contributed to the drop before the subsequent recovery.
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