Why Coinbase Global Stock Plummeted by 8% Friday

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Why Coinbase Global Stock Plummeted by 8% Friday

Motley Fool2023-03-11

What happenedCoinbase Global stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial took hard ...

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Paggie
·2023-03-14
閱
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AlanChong
·2023-03-12
Ok
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UTOtrader
·2023-03-12
T
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Singman
·2023-03-12
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Seah CL
·2023-03-12
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TKY1978
·2023-03-11
[Smile]
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NPC69
·2023-03-11
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Deonc
·2023-03-11
Ok
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POHSWEEGUAN
·2023-03-11
Great ariticle, would you like to share it?
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Eddielkh
·2023-03-11
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Arya Carnain
·2023-03-11
Good read. Cheers.
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Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/\">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":"COIN","symbol_name":"Coinbase Global, Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","article_id":"2318756893","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","pubTimestamp":1678516616,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COIN":"Coinbase Global, Inc."},"translate_title":"为什么比特币基地全球股票周五暴跌8%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"COIN":1},"content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. 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Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":9949632450,"gmtCreate":1678579380971,"gmtModify":1678579384945,"author":{"id":"4125148185432112","authorId":"4125148185432112","name":"AlanChong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":4,"crmLevelSwitch":0,"idStr":"4125148185432112","authorIdStr":"4125148185432112"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949632450","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949636590,"gmtCreate":1678577921311,"gmtModify":1678577925568,"author":{"id":"3574547619690492","authorId":"3574547619690492","name":"UTOtrader","avatar":"https://static.tigerbbs.com/82be6befb29ac8516e463638d3f659d5","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574547619690492","authorIdStr":"3574547619690492"},"htmlText":"T","listText":"T","text":"T","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949636590","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949636144,"gmtCreate":1678577818988,"gmtModify":1678577822301,"author":{"id":"3575125836760247","authorId":"3575125836760247","name":"Singman","avatar":"https://static.tigerbbs.com/d770feb757705f2d631d2d5f381ae07b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3575125836760247","authorIdStr":"3575125836760247"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949636144","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949633747,"gmtCreate":1678574876889,"gmtModify":1678574880660,"author":{"id":"4102135564535180","authorId":"4102135564535180","name":"Seah CL","avatar":"https://community-static.tradeup.com/news/970bca7b04e85a42a2c8eabed7ec96d0","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4102135564535180","authorIdStr":"4102135564535180"},"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/9949633747","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949609607,"gmtCreate":1678545663210,"gmtModify":1678545665805,"author":{"id":"4094852596308640","authorId":"4094852596308640","name":"TKY1978","avatar":"https://static.tigerbbs.com/6cd12a4c4a07fc4dec7e7f7343b18227","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"4094852596308640","authorIdStr":"4094852596308640"},"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949609607","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949872657,"gmtCreate":1678542941980,"gmtModify":1678542946039,"author":{"id":"3584779133668268","authorId":"3584779133668268","name":"NPC69","avatar":"https://static.tigerbbs.com/47e7ac55312ae8dd1c9e7cb92adad089","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3584779133668268","authorIdStr":"3584779133668268"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949872657","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949878465,"gmtCreate":1678541636457,"gmtModify":1678541640181,"author":{"id":"3569316529855154","authorId":"3569316529855154","name":"Deonc","avatar":"https://static.tigerbbs.com/d9aa45dd2eb58357f6477dcfb99d1415","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3569316529855154","authorIdStr":"3569316529855154"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949878465","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949847564,"gmtCreate":1678536385258,"gmtModify":1678536389571,"author":{"id":"4140388454599512","authorId":"4140388454599512","name":"POHSWEEGUAN","avatar":"https://community-static.tradeup.com/news/84ca47540279e61404346b705a202bc0","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4140388454599512","authorIdStr":"4140388454599512"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949847564","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949845246,"gmtCreate":1678533405485,"gmtModify":1678533409093,"author":{"id":"3559888727257208","authorId":"3559888727257208","name":"Eddielkh","avatar":"https://static.tigerbbs.com/8f02256556ae7f7c1567be3df06b2567","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3559888727257208","authorIdStr":"3559888727257208"},"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949845246","repostId":2318756893,"repostType":4,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949854271,"gmtCreate":1678518140594,"gmtModify":1678518144670,"author":{"id":"4112492242355422","authorId":"4112492242355422","name":"Arya Carnain","avatar":"https://community-static.tradeup.com/news/5b3a909b03049004a5fd64947b978f26","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"4112492242355422","authorIdStr":"4112492242355422"},"htmlText":"Good read. Cheers.","listText":"Good read. Cheers.","text":"Good read. Cheers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949854271","repostId":2318756893,"repostType":2,"repost":{"id":"2318756893","pubTimestamp":1678516616,"share":"https://ttm.financial/m/news/2318756893?lang=&edition=fundamental","pubTime":"2023-03-11 14:36","market":"us","language":"en","title":"Why Coinbase Global Stock Plummeted by 8% Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=2318756893","media":"Motley Fool","summary":"It's guilt by association time in the market following the Silicon Valley Bank swoon.","content":"<html><head></head><body><h2>What happened</h2><p><a href=\"https://laohu8.com/S/COIN\">Coinbase Global </a> stock fell 8% on Friday, and it wasn&#39;t hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent <a href=\"https://laohu8.com/S/SIVB\">SVB Financial </a> took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies&#39; relationship went a little deeper at one point.</p><h2>So what</h2><p>So to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank&#39;s disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.</p><p>Coinbase wasn&#39;t only a SVB client; it was also one of that company&#39;s potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies&#39; agreement under which Coinbase could utilize the bank&#39;s services.</p><p>The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase&#39;s class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn&#39;t entirely clear, but in SVB&#39;s latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains &#34;related to Coinbase&#39;s direct listing.&#34;</p><p>Coinbase went public via such a method in April 2021.</p><h2>Now what</h2><p>Investors shouldn&#39;t be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator&#39;s stock should be judged more on its own fundamentals and potential.</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 Coinbase Global Stock Plummeted by 8% Friday</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 Coinbase Global Stock Plummeted by 8% Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-11 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/03/10/why-coinbase-global-stock-plummeted-by-8-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/2023/03/10/why-coinbase-global-stock-plummeted-by-8-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318756893","content_text":"What happenedCoinbase Global  stock fell 8% on Friday, and it wasn't hard to figure out why. Any company associated with the now-collapsed Silicon Valley Bank and its parent SVB Financial  took hard blows in the market today. Coinbase was a Silicon Valley Bank client back in the day, and the two companies' relationship went a little deeper at one point.So whatSo to some degree it was understandable that investors would trade out of Coinbase. Panic was in the air Friday in the wake of Silicon Valley Bank's disintegration and subsequent receivership by the Federal Deposit Insurance Corporation. The fallout was swift and sharp, and numerous companies were damaged by it.Coinbase wasn't only a SVB client; it was also one of that company's potential shareholdings. In 2014, when cryptocurrency projects and crypto-affiliated businesses were having a tough time securing financing from traditional sources, Coinbase gave a stock warrant to Silicon Valley Bank. Apparently, this was part of the two companies' agreement under which Coinbase could utilize the bank's services.The warrant gave Silicon Valley Bank the right to purchase over 400,000 shares of Coinbase's class B common stock at a price just over $1 apiece. The warrant was set to expire in June 2024. Its fate isn't entirely clear, but in SVB's latest 10K annual report filed with the Securities and Exchange Commission, the company revealed that in 2021 it reaped $116 million in gains \"related to Coinbase's direct listing.\"Coinbase went public via such a method in April 2021.Now whatInvestors shouldn't be swayed on Coinbase one way or another due to the SVB association. The two companies were tied fairly closely together at one point, but seem to have drifted far apart. Since the SVB contagion appears to be quite limited with Coinbase -- at least, as far as we know now -- the exchange operator's stock should be judged more on its own fundamentals and potential.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":406,"commentSize":11,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}