Most traders had already written off MicroStrategy getting axed from the major index—the stock tanked hard on that assumption alone. Turns out the company stayed in. Here's where it gets interesting: bearish expectations were fully baked into the price, but nobody factored in the upside relief bounce. Classic market mispricing. These moments rarely correct instantly. Usually there's a lag before prices adjust to account for what they got fundamentally wrong. That's when the real moves happen—not when the news breaks, but when reality finally catches up to what the market should've seen coming.