Coinbase NASDAQ: COIN is one of the first companies that comes to mind in cryptocurrency. Overall, Wall Street analysts are bullish on the crypto exchange stock, putting an average price target on the firm of $247.
NEW YORK , Sept. 14, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Coinbase Global, Inc. (NASDAQ: COIN) between April 14, 2021 and July 25, 2024, both dates inclusive (the "Class Period").
Coinbase (COIN) stock price rose slightly this week as American shares rebounded and as Bitcoin's death cross pattern remained elusive. It jumped to a high of $164.42 on Friday, up by over 12.7% from its lowest point this month.
Coinbase offers broad exposure to the entire crypto market, mitigating risks from picking individual coins. After diversifying its revenue streams, Coinbase has become more resilient.
S&P Dow Jones Indices normally gets around to adding the big companies once they meet its profitability criteria and is likely to name additional companies in the coming months.
StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.