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Shares of cryptocurrency company Coinbase Global (NASDAQ: COIN) jumped 42.8% in 2024, according to data provided by S&P Global Market Intelligence. The obvious catalyst for Coinbase were the big ...
Shares of Coinbase (NASDAQ: COIN) shot up 65% in November, according to data from S&P Global Market Intelligence. The cryptocurrency platform and market exchange posted disappointing earnings but ...
Coinbase looks expensive, but it's hard to tell There appears to be a lot of optimism baked into Coinbase's share price, with shares going for 43 times trailing earnings, even with Bitcoin at all ...
[78] [33] [79] Before the listing, Nasdaq set a reference price of US$250 a share, giving the company an estimated value of US$47 billion. [80] At the end of its first day of trading, Coinbase closed at US$328.28 per share. [81]
Coinbase's recent drop may look like a setback, ... Coinbase reported net income of $75.5 million, or $0.28 per share -- both healthy numbers, but they fell short of analysts' projections of $0.45 ...
The company was conceived as DBC Online by Data Broadcasting Corporation in the fall of 1995. [2] The marketwatch.com domain name was registered on July 30, 1997. [3] The website launched on October 30, 1997, as a 50/50 joint venture between DBC and CBS News, then run by Larry Kramer [2] and co-founder and chairman, Derek Reisfield. [4]
Coinbase's first wallet iteration was called "Toshi", named after Satoshi Nakamoto, which in turn is also the name of one of Brian Armstrong's cats. [ 11 ] [ 12 ] A 2018 funding round valued the company at $8.1 billion, and in December 2020, the company filed with the SEC to go public through a direct listing .
The company was projected to post a loss of $2.65 per share, but actual results showed a loss of $4.98 per share. Similarly, revenues of $808.3 million fell short of analyst estimates of $832.2 ...