Coinbase shares jump almost 7% as investors return to crypto after Fed cut [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
largest cryptocurrency exchanges, jumped by almost 7% on the heels of a significant rate cut by the Federal Reserve. The company's shares peaked at $174 mid-day Thursday before paring gains and closing at $168. The share price of Coinbase has long served as a proxy of sorts for the broader cryptocurrency market as it typically rises alongside the price of Bitcoin. The stock has also fared better during times of increased appetite for risk among investors, including this week following the Fed cuts. The recent climb in the share price of Coinbase represents a significant comeback since last September when the stock dropped as low as $76 in the lead up to crypto fraudster Sam Bankman-Fried's criminal trial. Despite tumbling 13% in June and weathering its worst week of the year in August, Coinbase has made a recovery due, in part, to surging transaction revenue. In the first quarter of 2024, Coinbase reported $1.2 million in transaction revenue , almost equivalent to the entire year
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- TUESDAY INVESTOR DEADLINE: Coinbase Global, Inc. Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit - COINAccesswire
- Fintechs Upstart and Toast soar on earnings [CNBC]CNBC
- Bitcoin Touches Record High Above $77K on Trump Election Optimism [Yahoo! Finance]Yahoo! Finance
- COIN INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Coinbase Global, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!GlobeNewswire
- COIN DEADLINE: ROSEN, THE FIRST FILING FIRM, Encourages Coinbase Global, Inc. Investors to Secure Counsel Before Important November 12 Deadline in Securities Class Action First Filed by the Firm – COINGlobeNewswire
COIN
Earnings
- 10/30/24 - Miss
COIN
Sec Filings
- 11/8/24 - Form 4
- 11/7/24 - Form 144
- 11/7/24 - Form 144
- COIN's page on the SEC website