Coinbase, S&P 500
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Coinbase shares fell as first-quarter revenue came in shy of Wall Street's expectations, despite the growth in stablecoin revenue.In the quarter ended March 31, Coinbase earned $65.6 million, or 24 cents per share,
The crypto exchange's broadening product suite and dominant U.S. market position set it up well for the long term, many analysts said.
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Cryptopolitan on MSNCoinbase joins the S&P 500 with goals of dominating Wall StreetCoinbase is getting pulled into the core of traditional finance. On Monday, the company was picked to join the S&P 500, replacing Discover Financial
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.
Barclays, JPMorgan, Compass Point and Oppenheimer all cut their first-quarter forecasts last month, citing weaker crypto trading.
Coinbase stock flew high on the news of its inclusion in the S&P 500 and here's how much upside Wall Street thinks is left for COIN.
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Fly. Top 5 Upgrades: Argus upgraded Wayfair (W) to Buy from Hold with a $40 price target.
Investors had grown concerned about Coinbase going into the report, with several investment banks cutting estimates. Analysts at MCH earlier this week downgraded Coinbase’s shar