@kytphine:
Coinbase Stock Tumbles 6%; Bitcoin Also Lower Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin. Coinbase Stock Tumbles 6%; Bitcoin Also Lower Wednesday’s move lower may have less to do with the company’s earnings and more to do with a 4% slide in the price of bitcoin. Crypto exchange Coinbase (COIN) topped fourth-quarter earnings estimates Tuesday evening, but shares are sharply lower Wednesday alongside a sizable pullback in crypto. The company reported fourth-quarter revenue of $605 million, up 5% from the previous quarter and beating the consensus estimate of $588 million. The exchange’s Q4 loss of $2.46 per share topped forecasts for a loss of $2.52. The exchange's stock, however, continues to pull back after