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Is Coinbase Stock in Trouble?


(NASDAQ: COIN) is facing a lawsuit from the U.S. Securities and Exchange Commission and falling revenue as cryptocurrency activity drops. So is it time to abandon the company, or is the long-term thesis still intact? Travis Hoium digs into what's happened in the video below. 

*Stock prices used were end-of-day prices of June 9, 2023. The video was published on June 12, 2023.

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Source Fool.com

Coinbase Global Inc. Stock

€171.28
6.310%
Coinbase Global Inc. dominated the market today, gaining €10.16 (6.310%).
Currently there is a rather positive sentiment for Coinbase Global Inc. with 27 Buy predictions and 14 Sell predictions.
With a target price of 181 € there is a slightly positive potential of 5.67% for Coinbase Global Inc. compared to the current price of 171.28 €.
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