Since the release of its earnings for Fiscal Year (FY) 2024 on the 13th of February through the 19th, the stock price of global cryptocurrency exchange Coinbase Inc (NASDAQ:COIN) has dropped by more than 13%.
Coinbase (NASDAQ:COIN) stock has declined by more than 13% since the cryptocurrency exchange unveiled its Fiscal Year (FY) 2024 earnings on the 13th of February. Notably, COIN’s stock price has been relatively flat in the past seven sessions.
Coinbase stock now trades at $56.4 versus a year-to-date gain of close to 40%. Here’s what happened in its recent earnings report.
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