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Here's why I'm treating this sell-off as a reason to buy one of the most impressive companies on the market today. A person working on a laptop computer. Image source: Getty Images.
Coinbase experienced its biggest one-day drop ever on Wednesday as the crypto market weather yet another slump. Coinbase loses half its value in a week as crypto slumps Skip to main content
The stock made an attempt to settle below $255. For premium support please call: 800-290-4726 more ways to reach us
Investors pushed Coinbase's stock lower after the exchange said trading volumes dropped as it posted its seventh quarterly loss in a row.
The job cuts, the second time this year, follow a week after "crypto market headwinds" contributed to Coinbase's net loss of $544.6 million for the three months ended Sept. 30, compared to a ...
What to watch in markets on Wednesday, January 11, 2023. For premium support please call: 800-290-4726 more ways to reach us
Coinbase's growth has slowed, but the company is still positioned to be a long-term winner on the blockchain.
With a market cap of $77 billion, buying shares of Coinbase today is a bet on future growth for the company. The stock currently trades at a price-to-earnings ratio (P/E) of 52, which is close to ...