Coinbase via direct listing on

2021-04-07

Coinbase via direct listing on 14 April. I am eexpecting the price to drop 15-20% off the iinitial price in the first week. Anyone have similar view ???

Coinbase says first-quarter sales topped $1 billion

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Daveb
2021-04-08
Daveb
Yes if it goes along with most other IPOs. Am i dumb asking if we have a ipo price yet☹️???

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Anyone have &nbsp; &nbsp;similar view ???</p></body></html>","text":"Coinbase via direct listing on 14 April. I am eexpecting the price to drop 15-20% off the iinitial price in the first week. Anyone have similar view ???","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/343429307","repostId":2125715004,"repostType":4,"repost":{"id":"2125715004","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1617742140,"share":"https://www.laohu8.com/m/news/2125715004?lang=&edition=full","pubTime":"2021-04-07 04:49","market":"hk","language":"en","title":"Coinbase says first-quarter sales topped $1 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2125715004","media":"Dow Jones","summary":"Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue","content":"<p>Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue that topped $1 billion, surpassing revenue for all of last year, and a quarterly profit that approached $1 billion.</p><p>Coinbase , which is expected to debut on equity markets next week, released preliminary results for the January-March period and also guidance for the full year 2021.</p><p>The company said it had 56 million verified users in the first quarter and an 11.3% market share of the cryptocurrencies market. First-quarter trading volume reached $335 billion, and quarterly revenue rose to about $1.8 billion, Coinbase said.</p><p>Net income for the quarter was between $730 million and $800 million, and adjusted EBITDA around $1.1 billion, the company said.</p><p>Coinbase filed to become public through a direct listing in February , showing a profit and  2020 revenue of $1.3 billion, more than double the company's 2019 revenue.  It swung to a net income of $322.3 million in 2020, versus a loss of $30.4 million for 2019.</p><p>The company plans to list on the Nasdaq under the ticker COIN.</p><p>Coinbase guided for a full-year 2021 average monthly transacting users of 7 million in the higher end, 5.5 million in a mid-range scenario assuming a flat cryptocurrencies market, and 4 million in a low-end scenario incorporating a \"significant  decrease  in crypto market capitalization, similar to the decrease observed in 2018.\"</p><p>\"We expect meaningful growth in 2021 driven by transaction and custody revenue given the increased institutional interest in the crypto asset class,\" Coinbase said.</p><p>It guided for expenses around $1.3 billion and $1.6 billion in the year \"in order to scale our operations and to continue to drive product innovation,\" it said. Coinbase also estimated <a href=\"https://laohu8.com/S/AONE\">one</a>-off expenses around $35 million in the second quarter related to its direct listing.</p>","collect":0,"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 says first-quarter sales topped $1 billion</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 says first-quarter sales topped $1 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-07 04:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue that topped $1 billion, surpassing revenue for all of last year, and a quarterly profit that approached $1 billion.</p><p>Coinbase , which is expected to debut on equity markets next week, released preliminary results for the January-March period and also guidance for the full year 2021.</p><p>The company said it had 56 million verified users in the first quarter and an 11.3% market share of the cryptocurrencies market. First-quarter trading volume reached $335 billion, and quarterly revenue rose to about $1.8 billion, Coinbase said.</p><p>Net income for the quarter was between $730 million and $800 million, and adjusted EBITDA around $1.1 billion, the company said.</p><p>Coinbase filed to become public through a direct listing in February , showing a profit and  2020 revenue of $1.3 billion, more than double the company's 2019 revenue.  It swung to a net income of $322.3 million in 2020, versus a loss of $30.4 million for 2019.</p><p>The company plans to list on the Nasdaq under the ticker COIN.</p><p>Coinbase guided for a full-year 2021 average monthly transacting users of 7 million in the higher end, 5.5 million in a mid-range scenario assuming a flat cryptocurrencies market, and 4 million in a low-end scenario incorporating a \"significant  decrease  in crypto market capitalization, similar to the decrease observed in 2018.\"</p><p>\"We expect meaningful growth in 2021 driven by transaction and custody revenue given the increased institutional interest in the crypto asset class,\" Coinbase said.</p><p>It guided for expenses around $1.3 billion and $1.6 billion in the year \"in order to scale our operations and to continue to drive product innovation,\" it said. Coinbase also estimated <a href=\"https://laohu8.com/S/AONE\">one</a>-off expenses around $35 million in the second quarter related to its direct listing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125715004","content_text":"Cryptocurrency platform Coinbase Global Inc. revealed late Tuesday preliminary first-quarter revenue that topped $1 billion, surpassing revenue for all of last year, and a quarterly profit that approached $1 billion.Coinbase , which is expected to debut on equity markets next week, released preliminary results for the January-March period and also guidance for the full year 2021.The company said it had 56 million verified users in the first quarter and an 11.3% market share of the cryptocurrencies market. First-quarter trading volume reached $335 billion, and quarterly revenue rose to about $1.8 billion, Coinbase said.Net income for the quarter was between $730 million and $800 million, and adjusted EBITDA around $1.1 billion, the company said.Coinbase filed to become public through a direct listing in February , showing a profit and  2020 revenue of $1.3 billion, more than double the company's 2019 revenue.  It swung to a net income of $322.3 million in 2020, versus a loss of $30.4 million for 2019.The company plans to list on the Nasdaq under the ticker COIN.Coinbase guided for a full-year 2021 average monthly transacting users of 7 million in the higher end, 5.5 million in a mid-range scenario assuming a flat cryptocurrencies market, and 4 million in a low-end scenario incorporating a \"significant  decrease  in crypto market capitalization, similar to the decrease observed in 2018.\"\"We expect meaningful growth in 2021 driven by transaction and custody revenue given the increased institutional interest in the crypto asset class,\" Coinbase said.It guided for expenses around $1.3 billion and $1.6 billion in the year \"in order to scale our operations and to continue to drive product innovation,\" it said. Coinbase also estimated one-off expenses around $35 million in the second quarter related to its direct listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":66,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":125,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":3984192,"gmtCreate":1617850546211,"gmtModify":1680783266160,"authorId":3575141057639271,"author":{"id":3575141057639271,"authorId":3575141057639271,"name":"Daveb","avatar":"https://static.tigerbbs.com/61df162e1597f1b5a6a6bfb13d7d92f5","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":343429307,"type":1,"supId":0,"prevId":0,"content":"Yes if it goes along with most other IPOs. Am i dumb asking if we have a ipo price yet☹️???","text":"Yes if it goes along with most other IPOs. Am i dumb asking if we have a ipo price yet☹️???","html":"Yes if it goes along with most other IPOs. Am i dumb asking if we have a ipo price yet☹️???","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/343429307"}