Previous close | 210.09 |
Open | 216.48 |
Bid | 228.67 x 300 |
Ask | 229.41 x 400 |
Day's range | 210.76 - 232.70 |
52-week range | 46.43 - 283.48 |
Volume | |
Avg. volume | 12,934,736 |
Market cap | 56.17B |
Beta (5Y monthly) | 3.42 |
PE ratio (TTM) | 602.24 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Coinbase posted its second consecutive quarterly profit as crypto trading surged during the first three months of 2024.
Coinbase Global posted a significant jump in profit in the first quarter, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January. Coinbase shares fell 3% in after-hours trading, after ending the day up nearly 9%. Crypto prices rocketed after the U.S. Securities and Exchange Commission approved the launch of a spate of exchange-traded funds (ETFs) tied to the spot price of bitcoin in January after a decade-long tussle with the industry.
(Reuters) -Coinbase Global posted a significant jump in profit in the first quarter, helped by an uptick in cryptocurrency trading following the launch of the first U.S.-listed exchange traded funds (ETFs) tracking bitcoin in January. Coinbase shares fell 3% in after-hours trading, after ending the day up nearly 9%. Crypto prices rocketed after the U.S. Securities and Exchange Commission approved the launch of a spate of exchange-traded funds (ETFs) tied to the spot price of bitcoin in January after a decade-long tussle with the industry.