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Coinbase Shares Drop After Q2 Revenue and Earnings Miss

YouTubeSeeking Alpha

Coinbase Shares Drop After Q2 Revenue and Earnings Miss

Coinbase shares dropped over 5% in after-hours trading following a second-quarter revenue and earnings miss. Revenue reached $1.22 billion, falling short of Wall Street estimates as softening cryptocurrency trading volumes impacted performance. Compounding concerns, the Seeking Alpha Quant rating has flagged $COIN as a sell due to decelerating ...

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