Coinbase added to S&P 500 amid data breach
Coinbase very first ‘crypto’ firm added to S&P 500
Coinbase (NASDAQ: COIN) has become the very first crypto company to be added to the S&P 500 (NASDAQ: SPX). The company is expected to be officially included in the index before the opening of trading on Monday, May 19, replacing Discover Financial Services (NASDAQ: DFS), which is set to be acquired by Capital One Financial Corp. (NASDAQ: COF).
Brian Armstrong shared the news, and markets reacted quickly. Coinbase stock ($COIN)…