Tag: Coinbase stock plunges again after company reports dismal results – CNN

  • Bitcoin crash crushes Coinbase. Stock plunges again

    The cryptocurrency brokerage reported a first-quarter loss on Tuesday evening and revenue down 27% from a year ago, missing Wall Street forecasts. Coinbase shares fell more than 25% on Wednesday and hit an all-time low. Coinbase stock is now down more than 75% this year and is trading nearly 85% below its November all-time high. […]