Coinbase Stock Slumps After Disappointing Earnings

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Cryptocurrencies
Earnings Report

Nov. 9, 2021 5:27 p.m. ET

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Coinbase Global banal fell 10% successful after-hours trading connected Tuesday aft the company’s third-quarter net and gross missed analysts’ expectations amid a slowdown successful crypto trading successful the 3rd quarter.

Coinbase (ticker: COIN) gross of $1.3 cardinal fell abbreviated of analysts’ expectations for $1.6 cardinal and its net per stock of $1.62 were beneath estimates of $1.81.

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Coinbase Stock Slumps After Disappointing Earnings

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