Why Shares of Coinbase Fell Nearly 5% on Monday

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Why Shares of Coinbase Fell Nearly 5% on Monday

Motley Fool2022-03-22

KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is "overearning" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...

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手可摘棉花
·2022-03-22
I like coinbase
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3
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JiakLiulian
·2022-03-22
Thanks for the info
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SanWangtikup
·2022-03-22
[Glance]
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1
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ashk3
·2022-03-22
If he isn't saying why, take it with a pinch of salt and do your own research
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2
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MSTAN
·2022-03-22
👌👌
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Remotecam
·2022-03-22
He shorts $Coinbase Global, Inc.(COIN)$, then goes on CNBC telling people it's a bad "story" stock which resulted in 5% drop and he makes millions in profit. How is this not illegal??? How?? ... [LOL]
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3
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3nn
·2022-03-22
Will short abit too just for fun
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1
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HENRYCSC
·2022-03-22
[Duh]
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LohYK
·2022-03-22
Crypto is a volatile stocks now... Nobody know it's fate after all the reviewing
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1
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YCLim
·2022-03-22
Buy
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1
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LateWizard
·2022-03-22
Cathie gonna cry.
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1
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Enliven22
·2022-03-22
Omg
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1
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Toby_Chua
·2022-03-22
Short first to buy low
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MIe
·2022-03-22
Coinbase n btc trends tie
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WJ77
·2022-03-22
👍
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4
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Hzrk
·2022-03-22
Nice share
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BeRich
·2022-03-22
K
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ACCY
·2022-03-22
Should buy? 🤔
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How?? ...&nbsp;[LOL]&nbsp;","listText":"He shorts <a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>,&nbsp;then goes on CNBC telling people it's a bad \"story\" stock which resulted in 5% drop and he makes millions in profit.&nbsp; How is this not illegal??? How?? ...&nbsp;[LOL]&nbsp;","text":"He shorts $Coinbase Global, Inc.(COIN)$, then goes on CNBC telling people it's a bad \"story\" stock which resulted in 5% drop and he makes millions in profit. How is this not illegal??? How?? ... [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034525347","repostId":1187098701,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034520852,"gmtCreate":1647922253198,"gmtModify":1676534280653,"author":{"id":"3573976216768090","authorId":"3573976216768090","name":"3nn","avatar":"https://static.tigerbbs.com/303b8f037330070d95adf2f11d86d23a","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Will short abit too just for fun","listText":"Will short abit too just for fun","text":"Will short abit too just for fun","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034520852","repostId":1187098701,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034567010,"gmtCreate":1647922028855,"gmtModify":1676534280613,"author":{"id":"3575091428590185","authorId":"3575091428590185","name":"HENRYCSC","avatar":"https://static.tigerbbs.com/6d47a6dec25b21dc547a5b982674c499","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Duh]&nbsp;","listText":"[Duh]&nbsp;","text":"[Duh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034567010","repostId":1187098701,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034565554,"gmtCreate":1647921796552,"gmtModify":1676534280596,"author":{"id":"3568070265339857","authorId":"3568070265339857","name":"LohYK","avatar":"https://static.tigerbbs.com/d6add0343094f5e965e831fa432314ef","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":1},"htmlText":"Crypto is a volatile stocks now... Nobody know it's fate after all the reviewing&nbsp;","listText":"Crypto is a volatile stocks now... Nobody know it's fate after all the reviewing&nbsp;","text":"Crypto is a volatile stocks now... Nobody know it's fate after all the reviewing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034565554","repostId":1187098701,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034565386,"gmtCreate":1647921726816,"gmtModify":1676534280588,"author":{"id":"3570854002442844","authorId":"3570854002442844","name":"YCLim","avatar":"https://community-static.tradeup.com/news/f8f1fe40879e998d6b05894eec399e51","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":1},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034565386","repostId":1187098701,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034561275,"gmtCreate":1647920856032,"gmtModify":1676534280429,"author":{"id":"3576797853255359","authorId":"3576797853255359","name":"LateWizard","avatar":"https://static.tigerbbs.com/2623f0ebfedf9dedaf6b68dc8fe2f4b8","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Cathie gonna cry.&nbsp;","listText":"Cathie gonna cry.&nbsp;","text":"Cathie gonna cry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034561275","repostId":1187098701,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034587859,"gmtCreate":1647920159613,"gmtModify":1676534280350,"author":{"id":"4087533474200090","authorId":"4087533474200090","name":"Enliven22","avatar":"https://static.tigerbbs.com/0849aaa1be1334fc02356272ba49a763","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034587859","repostId":1187098701,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034585599,"gmtCreate":1647919866902,"gmtModify":1676534280287,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":6,"crmLevelSwitch":1},"htmlText":"Short first to buy low&nbsp;","listText":"Short first to buy low&nbsp;","text":"Short first to buy low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034585599","repostId":1187098701,"repostType":4,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034581284,"gmtCreate":1647919150289,"gmtModify":1676534280194,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Coinbase n btc trends tie","listText":"Coinbase n btc trends tie","text":"Coinbase n btc trends tie","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034581284","repostId":1187098701,"repostType":4,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034580507,"gmtCreate":1647918386243,"gmtModify":1676534280123,"author":{"id":"3573616695330925","authorId":"3573616695330925","name":"WJ77","avatar":"https://static.tigerbbs.com/56bf6bd5b462948ac1028ecaabdba952","vip":1,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034580507","repostId":1187098701,"repostType":4,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034517357,"gmtCreate":1647918171685,"gmtModify":1676534280094,"author":{"id":"4106900583818210","authorId":"4106900583818210","name":"Hzrk","avatar":"https://static.itradeup.com/news/3b69303022bf84cc132269ac24e957fd","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Nice share","listText":"Nice share","text":"Nice share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034517357","repostId":1187098701,"repostType":4,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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; 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}\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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034515771,"gmtCreate":1647917949767,"gmtModify":1676534280061,"author":{"id":"4087876594294670","authorId":"4087876594294670","name":"BeRich","avatar":"https://static.tigerbbs.com/251f431f0368081158ff61fd3003f308","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034515771","repostId":1187098701,"repostType":4,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9034511515,"gmtCreate":1647917336010,"gmtModify":1676534279971,"author":{"id":"3579758808989513","authorId":"3579758808989513","name":"ACCY","avatar":"https://static.tigerbbs.com/a44626552831eb06aa01cf85dcaf7422","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Should buy? 🤔&nbsp;","listText":"Should buy? 🤔&nbsp;","text":"Should buy? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034511515","repostId":1187098701,"repostType":2,"repost":{"id":"1187098701","pubTimestamp":1647916795,"share":"https://www.laohu8.com/m/news/1187098701?lang=&edition=full","pubTime":"2022-03-22 10:39","market":"us","language":"en","title":"Why Shares of Coinbase Fell Nearly 5% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1187098701","media":"Motley Fool","summary":"A prominent investor recently said he and his firm are shorting the stock.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Jim Chanos, a famous short seller, said he believes Coinbase is &#34;overearning&#34; right now.</li></ul><p><b>What happened</b></p><p>Shares of the large crypto exchange <b>Coinbase</b> fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.</p><p><b>So what</b></p><p>Veteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.</p><p>Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a &#34;bubble stock.&#34; He added that he thinks the company&#39;s earnings could fall in the future and that they&#39;re based in part on a story:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812ca0aae6373f9a86efbded0dfd92f8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><blockquote>There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there&#39;s a lot that are just being sold on stories, and we would argue that Coinbase is one that&#39;s being sold on a story.</blockquote><p><b>Now what</b></p><p>Since going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.</p><p>As the price has come down, I&#39;ve been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like <b>Bitcoin</b> get more ingrained into the financial system.</p><p>But with a prominent short seller like Chanos now turning his eye on the company, it&#39;s definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.</p></body></html>","source":"fool_stock","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>Why Shares of Coinbase Fell Nearly 5% on Monday</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; 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}\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\">\nWhy Shares of Coinbase Fell Nearly 5% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-22 10:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2022/03/21/why-shares-of-coinbase-fell-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187098701","content_text":"KEY POINTSJim Chanos, a famous short seller, said he believes Coinbase is \"overearning\" right now.What happenedShares of the large crypto exchange Coinbase fell nearly 5% today after a big investor took a short position in the company, which currently has a nearly $38.5 billion market cap.So whatVeteran short seller Jim Chanos, who rose to prominence by shorting Enron before scandal engulfed the energy and commodities company and eventually took it out of business, now thinks Coinbase is overvalued.Chanos of Kynikos Associates told CNBC Friday that he thinks Coinbase is a \"bubble stock.\" He added that he thinks the company's earnings could fall in the future and that they're based in part on a story:Image source: Getty Images.There are plenty of companies that are in the new economy that have real growth, real cash flows, and real earnings, but there's a lot that are just being sold on stories, and we would argue that Coinbase is one that's being sold on a story.Now whatSince going public in April of 2021, shares of Coinbase are down more than 48%. Shares rallied leading up to last November but have since come tumbling back down along with many other tech stocks. Analysts have broadly stayed bullish on the company, with the average median price target still close to $300, implying strong upside from the current stock price of around $176 per share.As the price has come down, I've been more bullish on Coinbase, especially as it continues to further diversify revenue and as cryptocurrencies like Bitcoin get more ingrained into the financial system.But with a prominent short seller like Chanos now turning his eye on the company, it's definitely a good idea to retest your hypothesis and see if you can figure out where he may be coming from in terms of his comments on earnings.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":176,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}