Coinbase Stock Slips Despite Better-Than-Expected Earnings

Coinbase Stock Slips Despite Better-Than-Expected Earnings·The Wall Street Journal
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Shares of Coinbase Global slipped Friday despite posting better-than-expected first-quarter earnings the day before. Quarterly revenue rose 53% to $1.64 billion from $773 million a year ago. Coinbase’s earnings benefited from an uptick in crypto prices and trading activities during the quarter.

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