why is coinbase down so much

Last Updated on January 23, 2024 by Paganoto

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 revenue fell 27% year-over-year to $1.17 billion, which was below Wall Street's projected $1.48 billion. It also said it lost $430 million in the first quarter.May 11, 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.

Coinbase Melts Down Even as Wall Street Is Bullish on …

Coinbase Melts Down Even as Wall Street Is Bullish on …

The crypto exchange is down nearly 77% so far this year, trading far below its first-day closing price of $328.28 last April. But analysts still …

Coinbase Stock Is Down 70% This Year. Is It Time To Buy?

Coinbase Stock Is Down 70% This Year. Is It Time To Buy?

Coinbase stock (NASDAQ: COIN) has declined by almost 70% year to date in 2022 and remains down by almost 80% from all-time highs seen in …

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

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

As bitcoin (BTC-USD) and other popular cryptocurrencies fall, so do a number of stocks that rely on the crypto market. Coinbase Global …

Bitcoin crash is crushing Coinbase. Stock plunges again – CNN

Bitcoin crash is crushing Coinbase. Stock plunges again – CNN

Coinbase stock is now down more than 75% this year and is trading nearly 85% below its all-time high price from November.

Coinbase (COIN) stock price hits low as crypto trading sinks

Coinbase (COIN) stock price hits low as crypto trading sinks

Revenue for the crypto exchange dropped 27% from a year ago as trading on the platform has slowed. Shares of Coinbase Global fell to new lows. …

Coinbase Status

Coinbase Status

Investigating – USDC trading is impacted for some international users on Advanced Trade as a result of the merger of USD and USDC order books. We are working on …

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 …