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Coinbase Stock Flips On Key Earnings Metric; Bankman-Fried Found Guilty On All Counts

From investors.com

Coinbase stock fell late Thursday after its earnings report showed a major decline in crypto trading volume. Shares Coinbase (COIN) rallied during trade after the cryptocurrency exchange started offering crypto futures late Wednesday to eligible U.S. retail customers. Bitcoin and cryptocurrency prices faded from overnight highs Thursday morning. Elsewhere, former FTX CEO Sam Bankman-Fried was found guilty on all seven charges for his role in the collapse of the crypto exchange late Thursday night. Coinbase Earnings: The crypto exchange reported a loss of 1 cent per share, improving from a loss of $2.43 per share last ... (full story)

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  • Category: Fundamental Analysis