why did coinbase stock drop

Last Updated on October 24, 2023 by Paganoto

Coinbase Stock — Down 15% On 64% Revenue Plunge

Coinbase Stock — Down 15% On 64% Revenue Plunge

Coinbase lost market share during the quarter. Its share of the total crypto market capitalization declined to 9.9% in Q2 from 11.2% in Q1 which the company attributed to institutional clients “de-risking and selling crypto for fiat as opposed to withdrawing their crypto to another platform.”Aug 10, 2022

Here's Why Coinbase Stock Fell 81% in the First Half of 2022

Here's Why Coinbase Stock Fell 81% in the First Half of 2022

Shares of the large crypto exchange Coinbase (COIN -2.31%) plummeted more than 81% in the first six months of 2022, according to data provided …

Why Coinbase Global Stock Dropped This Afternoon

Why Coinbase Global Stock Dropped This Afternoon

Shares of Coinbase Global (COIN -11.27%) fell as much as 6.2% in trading on Wednesday as investors sold the crypto sector overall.

Why did Coinbase stock drop today? Weak crypto market, risk …

Why did Coinbase stock drop today? Weak crypto market, risk …

In Wednesday trading, Coinbase (COIN) stock slumped 12%. Bitcoin, retracing much of the gain it made on Monday and Tuesday, was falling ~4.4% …

Coinbase shares dive 26% after revenue miss – CNBC

Coinbase shares dive 26% after revenue miss – CNBC

Shares of Coinbase closed down 26% on Wednesday after the company reported shrinking revenue and declining users. Coinbase said Tuesday that …

Coinbase (COIN) earnings Q2 2022 – CNBC

Coinbase (COIN) earnings Q2 2022 – CNBC

Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter …

Coinbase Shares Drop 14% Amid Regulatory Uncertainty

Coinbase Shares Drop 14% Amid Regulatory Uncertainty

Shares of Coinbase Global fell 14% on Tuesday after media reports on Monday that the crypto exchange is facing an investigation from the …

Coinbase Reports 63 Percent Drop in Revenue Amid Industry …

Coinbase Reports 63 Percent Drop in Revenue Amid Industry …

As part of the industry meltdown, Coinbase’s stock price has fallen about 75 percent since November. The company’s success is largely tied …

Coinbase Earnings Reveal a Large Loss. The Stock Is Sinking.

Coinbase Earnings Reveal a Large Loss. The Stock Is Sinking.

Coinbase blamed the decline in crypto prices and volatility for its disappointing results. It also made no apologies for them. Read More. EA …

Coinbase Shares Drop as Crypto Winter Takes … – CoinDesk

Coinbase Shares Drop as Crypto Winter Takes … – CoinDesk

Shares of Coinbase Global (COIN) fell about 5% after the cryptocurrency exchange said trading volume dropped substantially during the second …