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Coinbase Stock Price Prediction After Quarterly Revenue Miss: What’s Next?

Covered by 2 sources · 2 articles

2 outlets - including Crypto and Coingape - are covering this story. Coinbase stock extended its post-earnings sell-off on Friday, falling more than 12% as weaker trading revenue and a $359 million quarterly loss raised concerns about the exchange’s near-term growth. Coinbase stock extends its post-earnings…

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Coinbase stock sinks 12% after Q2 revenue miss
Crypto.news Jul 31, 17:05 UTC

Coinbase stock sinks 12% after Q2 revenue miss

Coinbase stock extended its post-earnings sell-off on Friday, falling more than 12% as weaker trading revenue and a $359 million quarterly loss raised concerns about the exchange’s near-term growth. Coinbase stock extends its post-earnings…

CoinGape Jul 31, 13:55 UTC

Coinbase Stock Price Prediction After Quarterly Revenue Miss: What’s Next?

Coinbase stock fell 5.12% to $155.20 in premarket trading after the exchange reported second-quarter results. Revenue reached $1.22 billion, missing the $1.29 billion estimate and falling 18.5% yearly. Coinbase also posted a $359 million ne…