Why is COIN stock dropping?

Shares of Coinbase closed down 26% on Wednesday after the company reported shrinking revenue and declining users. Coinbase said Tuesday that revenue fell 27% year-over-year to $1.17 billion, which was below Wall Street’s projected $1.48 billion. It also said it lost $430 million in the first quarter.

What type of stock is COIN?

Class A Common Stock (COIN)2 days ago

Will Coinbase be on Nasdaq?

Coinbase, the San Francisco-based cryptocurrency exchange, is going public on April 14. The company will trade under the ticker COIN and list 114,850,769 shares on the NASDAQ with an initial valuation of US$100 billion (£73 billion).

Is Coinbase on NYSE or Nasdaq?

COIN Stock Price | Coinbase Global Inc. Stock Quote (U.S.: Nasdaq) | MarketWatch.

Will coin stock go up?

Coinbase Global Inc (NASDAQ:COIN) The 21 analysts offering 12-month price forecasts for Coinbase Global Inc have a median target of 92.00, with a high estimate of 220.00 and a low estimate of 42.00.

Which coin is best to buy now?

7 best cryptocurrencies to buy now:Bitcoin (BTC)Ether (ETH)Solana (SOL)Avalanche (AVAX)Binance Coin (BNB)Tron (TRX)Cosmos (ATOM)

Click to rate this post!
[Total: 0 Average: 0]

Leave a Comment