Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution

Name: Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Uploaded: 2022-05-11T18:54:49Z
Duration: 5 min 323 s
Description: Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings. Still, CEO Brian Armstrong tweeted his company is in no danger of bankruptcy, and that its latest SEC filing is simply a requirement. “The Hash” hosts discuss the outlook for Coinbase amid a sour mood in the markets.

May 11, 2022

Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings.

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