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Coinbase (COIN) Valuation Check After Earnings Miss And Softer Crypto Trading Activity

Coinbase (COIN) Valuation Check After Earnings Miss And Softer Crypto Trading Activity

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Coinbase Global (COIN) is back in focus after its latest quarterly update showed a loss per share and softer revenue and trading volumes, with management pairing that setback with continued buybacks and new business initiatives.

See our latest analysis for Coinbase Global.

The share price has been under pressure, with a 1 day share price return showing a 1.19% decline and a 30 day share price return showing a 31.97% decline. However, the 3 year total shareholder return of about 2.7x still reflects earlier crypto cycles. Recent earnings, buybacks and regulatory headlines are being weighed…

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