If you are trying to figure out whether Coinbase Global’s share price makes sense right now, you are not alone. This article is built to help you weigh up what you are really paying for.
The stock recently closed at US$168.62, after a 15.3% decline over the last 7 days, a 32.7% decline over 30 days, a 28.7% decline year to date, and a 37.6% decline over the past year. The 3 year return sits at a very large 182.8%.
Recent headlines around Coinbase have focused on the broader crypto sector, regulatory debates, and shifting sentiment toward listed crypto platforms. These have all influenced how investors think about risk and reward in the stock and help frame the recent moves in Coinbase Global’s share price. They also set the scene for a…
