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Is Coinbase Stock a Buy or a Sell? a Bull and a Bear Make Their Cases - Vimarsana News

Is Coinbase Stock a Buy or a Sell? a Bull and a Bear Make Their Cases

Richard Drew/Associated Press This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Coinbase is expected to report earnings for the first time since its direct listing in mid-April. Ark analyst Yassine Elmandjra shares how the stock could scale to the $2.5 trillion crypto market. New Constructs CEO David Trainer breaks down why the stock could actually fall below $100 or less. All eyes are on Coinbase as the largest US crypto exchange is expected to report its first earnings report...

2 Coinbase Execs Worth $1 Billion With Shares up 31% in Direct Listing - Vimarsana News

2 Coinbase Execs Worth $1 Billion With Shares up 31% in Direct Listing

Coinbase Coinbase executives and investors saw the value of their shares skyrocket as a result. At Wednesday's closing price of $328.28, two top execs' shares are now worth a combined $957 million. Coinbase, one of the world's most popular and earliest cryptocurrency exchanges, made its public market debut on Wednesday, riding the wave of mainstream investors' growing interest in digital currencies. Coinbase's highly anticipated direct listing resulted in its shares closing at $328.28 on Wednesday, giving the company a valuation of $85.7 billion — around 10 tim...

Coinbase tumbles 19% in trading debut as valuation hovers around $100 billion - Vimarsana News

Coinbase tumbles 19% in trading debut as valuation hovers around $100 billion

Coinbase tumbles 19% in trading debut as valuation hovers around $100 billion Emily GraffeoApr 16, 2021, 01:01 IST Coinbase CEO Brian ArmstrongAnthony Harvey / Stringer Coinbase on Wednesday tumbled as much as 19% in its trading debut on the Nasdaq. The direct listing had a $250-per-share reference price, and opened at $381 before hitting an intraday high of $429.54. It then reversed gains, trading as low as $310. Coinbase is the first major cryptocurrency exchange to go public. Shares of Coinbase tumbled as much as 19% on Wednesday in its hotly anticipated trading debut on the Nasdaq befor...

Coinbase heads for $91 billion valuation as indicative share price surges - Vimarsana News

Coinbase heads for $91 billion valuation as indicative share price surges

Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debut SECTIONS Coinbase valuation tops $100 bn as share price surges to $381 on Nasdaq debutBy Echo Wang, Reuters Last Updated: Apr 14, 2021, 11:38 PM IST Share Synopsis At $381, Coinbase has a fully diluted valuation, which includes unvested stock options and restricted stocks, of $99.95 billion and a market capitalisation of $75.9 billion. AP Coinbase employees gather outside the Nasdaq MarketSite during the company's IPO, in New York's Times Square on April 14, 2021. New York:Cryptocurrency exchange Coinbase Global In....

Will Coinbase Stock Justify A $100 Billion Valuation? - Vimarsana News

Will Coinbase Stock Justify A $100 Billion Valuation?

Coinbase, the largest U.S. cryptocurrency exchange, is expected to go public on April 14, via a direct listing on the Nasdaq exchange with the ticker COIN. The company’s public debut comes at a time when the market for crypto assets is booming, amid increasing interest from not just retail...

Source: forbes.com