MicroStrategy shares back above $400 as bitcoin rallies

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MicroStrategy shares are up 4% in heavy volume as the holder of bitcoin benefits from the crypto currency creeping back close to the $97,000 mark.

Shares of Amazon.com are up 0.7% and Walmart stock is gaining 0.4% as the Black Friday spending spree gets underway.

Shares of Applied Materials and Lam Research are up nearly 3% after a report that the U.S. may apply restrictions on chip equipment sales to China that are less draconian than feared.

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