Coinbase, Stock market
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Coinbase had its best day since just after last year’s presidential election, as investors bought shares ahead of the company’s inclusion in the S&P 500.
Shares of cryptocurrency exchange Coinbase (COIN) experienced a significant surge in after-hours trading on Monday following the landmark announcement that the company will be added to the prestigious S&P 500 stock index.
This Coinbase stock price forecast explains what to expect now that the stock has rebounded in the past few weeks.
Coinbase published its fiscal Q1 FY2025 results, missing on both ends of consensus estimates. Read why I upgrade COIN stock to "Hold" despite the Q1 miss.