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Nasdaq beats profit estimates on trading boost

Updated / Wednesday, 21 Apr 2021
12:35
asdaq said it had welcomed 275 initial public offerings in the first quarter of 2021
Exchange operator Nasdaq has today reported a better-than-expected quarterly profit, boosted by strength in its trading business against a backdrop of high market volatility and a surge in initial public offerings.
The company posted an adjusted net income of $1.96 per share for the first quarter ended March 31, compared to estimates of $1.74 per share, according to IBES data from Refinitiv.
Increased market volatility and a new cohort of retail investors armed with mobile trading apps, helped drive a surge in trading volumes in the quarter. ....

York Stock Intercontinental Exchange , Entertainment Holdings , Coinbase Global , யார்க் ஸ்டாக் கண்டம் பரிமாற்றம் , பொழுதுபோக்கு ஹோல்டிங்ஸ் ,

coinbase share price: Coinbase shares jump 11% day after Nasdaq debut

Synopsis
Coinbase was valued at just under $6 billion as recently as September, but its valuation has surged toe-to-toe with bitcoin s gains this year. The company was valued at $86 billion at the end of Wednesday s trading session.
AP
Cathie Wood s Ark funds bought $246 million worth of Coinbase shares in the debut on Wednesday, according to the firm s daily trade summary.
Coinbase Global Inc shares jumped 11% in early trades on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
The debut marks another milestone for bitcoin and other digital assets and comes amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms. ....

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Coinbase jumps 11% day after Nasdaq debut

2 Min Read
FILE PHOTO: The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton
(Reuters) -Coinbase Global Inc shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
The debut, done through a direct listing where no shares are sold ahead of the opening, marked another milestone for bitcoin and other digital assets and came amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms. ....

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Coinbase shares jump 11% after stormy Nasdaq debut

The Globe and Mail
Devik Jain
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SHANNON STAPLETON/Reuters
Coinbase Global Inc. shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
The debut, done through a direct listing where no shares are sold ahead of the opening, marked another milestone for bitcoin and other digital assets and came amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms. ....

Fred Ehrsam , Brian Armstrong , Cathie Wood Ark , Ipek Ozkardeskaya , Coinbase Global Inc , York Stock Intercontinental Exchange , Swissquote Bank , Nasdaq Inc , Intercontinental Exchange , San Francisco Based Coinbase , Crypto Currency , Coinbase Global Shares , Coinbase Global Stock , ஃப்ரெட் எஹர்சம் , பிரையன் ஆம்ஸ்ட்ராங் , கேத்தி மரம் பேழை , யார்க் ஸ்டாக் கண்டம் பரிமாற்றம் , நாஸ்டாக் இன்க் , கண்டம் பரிமாற்றம் , கிரிப்டோ நாணய ,

UPDATE 1-Coinbase jumps 11% day after Nasdaq debut

UPDATE 2-Crypto flagship Coinbase jumps 11% after stormy Nasdaq debut
Reuters
4 hrs ago
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Bitcoin slips from record highs
Are these levels normal? Probably not. - analyst (Adds comments, graphic, details on bitcoin)
By Devik Jain
April 15 (Reuters) - Coinbase Global Inc shares jumped 11% in early trading on Thursday, a day after the cryptocurrency exchange went public in a high-profile debut on the Nasdaq that briefly valued it at more than $100 billion.
The debut, done through a direct listing where no shares are sold ahead of the opening, marked another milestone for bitcoin and other digital assets and came amid a surge in the value of cryptocurrencies that has lured a clutch of mainstream, top-tier firms. ....

Niket Nishant , Shounak Dasgupta , Fred Ehrsam , Brian Armstrong , Cathie Wood Ark , Sagarika Jaisinghani , Coinbase Global Inc , York Stock Intercontinental Exchange , Nasdaq Inc , Global Inc , San Francisco Based , நீக்கேத் நிஷாந்த் , ஷ்ௌுனாக் தாஸ்குப்தா , ஃப்ரெட் எஹர்சம் , பிரையன் ஆம்ஸ்ட்ராங் , கேத்தி மரம் பேழை , சாகரிகக ஜெய்சானி , யார்க் ஸ்டாக் கண்டம் பரிமாற்றம் , நாஸ்டாக் இன்க் , உலகளாவிய இன்க் , சான் பிரான்சிஸ்கோ அடிப்படையிலானது ,