Coinbase stock drops 4% after Q1 revenue miss as crypto trading slows
Coinbase (COIN) shares fell about 4% in after-hours trading Thursday after the crypto platform reported weaker-than-expected first-quarter results as falling crypto prices weighed on trading activity, one of the company’s main sources of revenue. The company posted a loss of $1.49 per share, compared with analyst expectations for a 27-cent profit. Revenue came in at...
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