Is Coinbase Stock in Trouble?
(NASDAQ: COIN) is facing a lawsuit from the U.S. Securities and Exchange Commission and falling revenue as cryptocurrency activity drops. So is it time to abandon the company, or is the long-term thesis still intact? Travis Hoium digs into what's happened in the video below.
*Stock prices used were end-of-day prices of June 9, 2023. The video was published on June 12, 2023.
Source Fool.com
Coinbase Global Inc. Stock
€207.30
-2.850%
Currently there is a rather positive sentiment for Coinbase Global Inc. with 28 Buy predictions and 16 Sell predictions.
On the other hand, the target price of 125 € is below the current price of 207.3 € for Coinbase Global Inc., so the potential is actually -39.7%.
