TOP NEWS SUMMARY: Coinbase briefly worth USD100 billion on NY debut
Thu, 15th Apr 2021 10:51
(Alliance News) - The following is a summary of top news stories Thursday.
COMPANIES
Cryptocurrency exchange Coinbase made a dramatic stock market debut Wednesday amid frenzied interest in bitcoin and other virtual currencies despite concerns about a bubble. The enterprise, the first company devoted entirely to cryptocurrency to enter the US stock exchange, debuted on the market well above its reference price and quickly rocketed higher before pulling back somewhat. Coinbase opened on the Nasdaq at USD381 per share, 52% above its reference price and rising as high as USD429.54 before finishing the day at USD328.28. The company ended the day with a market value around USD86 billion after topping USD100 billion earlier in the session.
China Stock Market Has Flat Lead For Thursday
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Gold Futures Rise Sharply, Settle At 7-week High
finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.