Shares of Coinbase (COIN) are down more than 5% today despite delivering a solid first-quarter earnings performance yesterday. The crypto trading platform beat analyst estimates on both the top and bottom lines thanks to a Bitcoin price surge during the middle of Q1. Revenue came in at $1.64 billion compared to the $1.34 billion [...]
Coinbase (COIN) is up more than 15% after unveiling Q4 earnings yesterday after the market closed. The world’s leading cryptocurrency exchange easily outperformed compared to the market’s expectations. Total revenue was up 41% to $954 million, well above the $826 million Wall Street was forecasting. Meanwhile, adjusted earnings of $1.04 not only blew the [...]
Amidst a thriving crypto market, Coinbase Global (COIN) has seen its stock surge an astounding 375% this year, and 120% in the past 3 months alone. The stock fell off a cliff back in 2022 after reaching a high of $342/share. It fell to a low of $33/share just about a year ago. It’s [...]
