Name: Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Uploaded: 2022-05-11T17:24:00.000Z
Duration: 5 min 23 s
Description: Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings. Still, CEO Brian Armstrong tweeted his company is in no danger of bankruptcy, and that its latest SEC filing is simply a requirement. “The Hash” hosts discuss the outlook for Coinbase amid a sour mood in the markets.

CD20$2,042.171.80%BTC$73,913.340.058%ETH$2,024.140.056%XRP$1.351.95%SOL$82.880.27%

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution | CoinDesk Videos

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CD20$2,042.171.80%BTC$73,913.340.058%ETH$2,024.140.056%XRP$1.351.95%SOL$82.880.27%

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution | CoinDesk Videos