Coinbase Stock Whipsaws Lower after Poor Q1 Guidance Amid Crypto Slump

seekingalpha2022-02-25

Coinbase Global (NASDAQ:COIN) shares nosedived 4.66% during afterhours trading Thursday following disappointing guidance for retail user growth and trading volume. The stock initially spiked ~13% ...

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Comments

Jas12345
2022-02-25
Jas12345
Thanks
Weeckee
2022-02-25
Weeckee
Oh no.. not this also drop
Katchoong
2022-02-25
Katchoong
Ok
whywhywhywhy
2022-02-25
whywhywhywhy
[shy]
Joelchua
2022-02-25
Joelchua
While I am no believer of crypto, coinbase valuations are attractive and is a good way toinvest in crypto indirectly. Thoughts?
Nasbhai
2022-02-25
Nasbhai
Slight drop and will shoot up within 14 days

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The stock initially spiked ~13% ...</p>\n\n<a href=\"https://seekingalpha.com/news/3805550-coinbase-stock-whipsaws-lower-after-narrowing-q1-guidance-for-retail-mtu-trading-volume\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase Stock Whipsaws Lower after Poor Q1 Guidance Amid Crypto Slump</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase Stock Whipsaws Lower after Poor Q1 Guidance Amid Crypto Slump\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-25 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3805550-coinbase-stock-whipsaws-lower-after-narrowing-q1-guidance-for-retail-mtu-trading-volume><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase Global (NASDAQ:COIN) shares nosedived 4.66% during afterhours trading Thursday following disappointing guidance for retail user growth and trading volume. The stock initially spiked ~13% ...</p>\n\n<a href=\"https://seekingalpha.com/news/3805550-coinbase-stock-whipsaws-lower-after-narrowing-q1-guidance-for-retail-mtu-trading-volume\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4539","symbol_name":"次新股","start_time":0,"source_url":"https://seekingalpha.com/news/3805550-coinbase-stock-whipsaws-lower-after-narrowing-q1-guidance-for-retail-mtu-trading-volume","article_id":"2214978421","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2214978421","pubTimestamp":1645744138,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Coinbase Global (NASDAQ:COIN) shares nosedived 4.66% during afterhours trading Thursday following di","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4539":"次新股","BK4554":"元宇宙及AR概念","BK4551":"寇图资本持仓","COIN":"Coinbase Global, Inc.","BK4112":"金融交易所和数据","BK4535":"淡马锡持仓"},"translate_title":"在隐式衰退中，Coinbase股票在Q1指引不佳后大幅下跌","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1},"content_text":"Coinbase Global (NASDAQ:COIN) shares nosedived 4.66% during afterhours trading Thursday following disappointing guidance for retail user growth and trading volume. The stock initially spiked ~13% within minutes of the earnings release following better-than-expected Q4 results.It expects subscription and services revenue to decrease in Q1 due to recent crypto asset declines.For 2022, the company forecasts average retail MTUs of 5.0M-15.0M vs. 8.4M in 2021. It sees average net transaction revenue per user at pre-2021 levels compared with $64 last year.The company sees 2022 transaction expenses in the low 20% range, up from 17% in 2021, driven by growth in Blockchain Rewards revenue.Anticipates 2021 technology and development and G&A expenses, excluding stock-based compensation, at $4.25B-5.25B vs. $1.41B in 2021.Q4 net revenue of 2.49$B, beat the $1.81B consensus and climbed from $1.08B in Q3.Q4 EPS of $3.32 also beat the Wall Street estimate of $1.95 and jumped from $0.66 in the same period a year ago.Q4 MTUs of 11.4M expanded from 7.4M in the third quarter. 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Thoughts?","listText":"While I am no believer of&nbsp;crypto, coinbase valuations are attractive and is a good way toinvest in crypto indirectly. Thoughts?","text":"While I am no believer of crypto, coinbase valuations are attractive and is a good way toinvest in crypto indirectly. Thoughts?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030536260","repostId":2214978421,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9030270040,"gmtCreate":1645747827469,"gmtModify":1676534059794,"author":{"id":"4105706439484420","authorId":"4105706439484420","name":"Nasbhai","avatar":"https://community-static.tradeup.com/news/fcdb00dbd2f786506cbba6840138e5ff","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"4105706439484420","authorIdStr":"4105706439484420"},"htmlText":"Slight drop and will shoot up within 14 days","listText":"Slight drop and will shoot up within 14 days","text":"Slight drop and will shoot up within 14 days","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030270040","repostId":2214978421,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":174,"commentSize":17,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2214978421"}