Coinbase Global, Inc. (NASDAQ: COIN), a leading cryptocurrency exchange platform, experienced a downturn in its stock price during today’s trading. The COIN stock price was recorded at 256.14 USD, reflecting a decrease of -2.77 USD or -1.07% as of 20:09 GMT+5:30.
This movement places the Coinbase stock below its previous closing price of 258.91 USD. The 1-day performance shows a slight dip of -0.92%, and over the past 5 days, the stock has seen a marginal decline of -0.85%.
However, the market update for COIN presents a more varied picture over different periods. Despite recent pressures, Coinbase shares have demonstrated significant strength over the past month, with a notable gain of +27.17%. In contrast, the 6-month performance indicates a pullback of -21.92%.
Year-to-date, the financial news for Coinbase shows its stock is nearly flat, with a slight positive change of +0.02%. Looking at a one-year horizon, COIN has provided investors with a return of +11.42%. The all-time performance since its listing on the Nasdaq Stock Market currently stands at -32.67%. This performance highlights the volatile nature often associated with cryptocurrency-related stocks and the broader digital asset market. Investors continue to monitor Coinbase Global for its role in the evolving crypto ecosystem.
Coinbase Global (COIN) Stock FAQ:
Q1: What is the current stock price of Coinbase Global (COIN)?
A: As of the latest update (20:09 GMT+5:30), the Coinbase Global (COIN) stock price is 256.14 USD.
Q2: How much did COIN stock change today?
A: COIN stock decreased by -2.77 USD, which is a -1.07% decline for the day as of the update. The 1-day performance is listed at -0.92%.
Q3: On which stock exchange is Coinbase Global (COIN) listed?
A: Coinbase Global, Inc. is listed on the Nasdaq Stock Market under the ticker symbol COIN.
Q4: What has been Coinbase’s stock performance year-to-date (YTD)?
A: Year-to-date, COIN stock is nearly flat, showing a slight increase of +0.02%.
Q5: How has COIN stock performed over the last year?
A: Over the past year, COIN stock has increased by +11.42%.
Q6: What are the 1-month and 6-month returns for Coinbase stock?
A: Coinbase stock is up +27.17% over the last month but down -21.92% over the last six months.
Q7: What was the previous closing price for COIN stock?
A: The image indicates a “Prev close” of 258.91 USD.
Q8: What is the all-time performance of COIN stock?
A: The all-time performance for Coinbase (COIN) stock since its listing shows a decrease of -32.67%.
Q9: Is Coinbase (COIN) a good investment based on this data?
A: The performance data for COIN stock shows mixed results across different timeframes, reflecting the volatility of the cryptocurrency sector. Past performance is not indicative of future results. Potential investors should conduct thorough research, consider the risks associated with cryptocurrency-related stocks, and consult with a financial advisor.
Q10: Where can I find more detailed charts and financial information for COIN stock?
A: The platform in the image offers options like “Full chart” and “See on Supercharts.” Additionally, major financial news websites and brokerage platforms provide comprehensive stock information, detailed COIN charts, and in-depth financial analysis for Coinbase Global, Inc.
