Coinbase Global Inc (COIN)

[JohnCM]

Should Investors Follow Cathie Wood Into Coinbase?

June 10 2021 - 05:22AM

TipRanks

The recent direct listing of Coinbase (COIN) in mid-April resulted in a rather incredible opening day. Shares were listed at a $250 reference price. However, in early morning trading, COIN stock was trading hands at nearly $430 per share, before setting down toward $310 per share later in the day. Since the company’s IPO, Coinbase investors have seen a relatively slow and steady decline. A bump in early May brought this company’s share price above $300 per share again. However, investors can currently gobble up COIN stock for around $220 per share at the time of writing.
https://www.tipranks.com/news/article/should-investors-follow-cathie-wood-into-coinbase