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Coinbase shares sink after trading weakness hits quarterly profitwww.reuters.com/business/coinbase-shares-sink-after-trading-weakness-hits-quarterly-profit-2025-08-01
209 sats \ 5 comments \ @Coinsreporter 1 Aug Stacker_Stocks
Coinbase (COIN.O), opens new tab shares slumped 15% and hit their lowest in more than a month on Friday, after the crypto exchange reported a drop in second-quarter adjusted profit due to a slowdown in trading.
The stock was last trading at $321.68, set to wipe out $14.3 billion of market value if current levels hold. It has gained 52% this year as of last close, ranking among the top 15 gainers on the benchmark S&P 500 (.SPX), opens new tab index, which Coinbase joined in May.
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20 sats \ 4 replies \ @BlokchainB 1 Aug
Trading shitcoins ain’t as good as it once was!
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84 sats \ 3 replies \ @Coinsreporter OP 1 Aug
That's not the only reason though. Coinbase is culprit of running away from India with my 58000 Sats. In fact they didn't ley me login for they weren't available to indian customers anymore. But now they are back and they didn't recognise me as old user.
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20 sats \ 2 replies \ @BlokchainB 1 Aug
Yeah coinbase wouldn’t let me buy for the longest time. Turned off my buy button haha
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374 sats \ 1 reply \ @Coinsreporter OP 1 Aug
So much like Con-base!
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20 sats \ 0 replies \ @BlokchainB 1 Aug
Ahaha good one
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