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$1,989.080.039%BTC$73,425.240.078%ETH$2,012.030.44%XRP$1.320.40%SOL$81.770.18%

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

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CD20$1,989.080.039%BTC$73,425.240.078%ETH$2,012.030.44%XRP$1.320.40%SOL$81.770.18%

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