Woods

Crypto Exchange Coinbase Stock Is Not Out of the Woods as Market Uncertainty Hovers

“Following a severe drop in asset prices, it is not surprising to see a bit of paralysis in customer engagement, particularly in trading as investors assess where we go from here,” JMP’s Devin Ryan told clients in a note. “Pinpointing the moment of inflection is difficult, but we continue to have conviction that Coinbase remains …

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Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some

“Investing in Coinbase is not for the faint of heart, as the business – and the stock – will likely see dramatic, potentially protracted swings, because Coinbase’s revenues are currently tightly linked to cryptocurrency asset values, which have historically been cyclical,” Lisa Ellis, an equity analyst at MoffettNathanson, told clients in a note in May …

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