Coinbase Global (COIN) Dropped, What Is Behind Its Latest Move?

Coinbase Global (COIN) stock recently reacted to a mix of softer earnings sentiment, renewed expectations for higher US interest rates, and fresh company updates, including a new board appointment and product expansion efforts. Over the past month Coinbase Global has seen a 30 day share price return of 20.21% and a 90 day share price return of 13.90%, yet the year to date share price return is down 21.94% and the 1 year total shareholder return is down 38.26%. Recent momentum is rebuilding…Read More