Coinbase (COIN) Drops 16.7% as Crypto Prices Fall
We recently published 10 Stocks Investors Are Dumping Fast. Coinbase Global, Inc. (NASDAQ:COIN) is one of the worst-performing stocks on Friday.
Coinbase Global fell by 16.7 percent on Friday to close at $314.69 apiece as investors sold off positions amid the broader market pessimism that heavily spilled over to cryptocurrency prices and crypto trading platforms.
Coinbase Global, Inc. (NASDAQ:COIN) dropped in line with Bitcoin prices, which, as of writing, were down by 1.79 percent at the $113,000 level.
In other developments, Coinbase Global, Inc. (NASDAQ:COIN) reported an impressive earnings performance in the second quarter of the year, which soared by 3,869…
