San Francisco, CA – Shares of Coinbase Global (COIN), a leading cryptocurrency exchange platform, are trading slightly lower today on the Nasdaq Stock Market. As of 19:38 GMT+5:30, the COIN share price stands at 255.60 USD, a decrease of -0.40 USD or -0.16% for the current trading session. The previous closing price for the company was 256.00 USD.
Despite the minor intraday dip, with the 1-day performance tab indicating a -0.50% change, Coinbase stock has shown significant strength in other recent periods. Investors have seen a +3.18% gain over the past five trading days and an impressive +30.38% surge over the last month.
However, the longer-term picture for COIN shares is more mixed. The stock is down -22.47% over 6 months and -0.68% year-to-date. While the 1-year performance shows a modest gain of +3.19%, the all-time performance since its listing indicates a decline of -33.14%.
The intraday COIN chart, powered by TradingView, shows a sharp decline at the market open followed by some attempted recovery. Investors and market analysts looking for more comprehensive insights into Coinbase Global’s financials, news, technicals, forecasts, options, or bond information can explore “Full chart” or “See on Supercharts” options on various financial platforms. The current market activity highlights strong recent momentum, particularly over the last month, despite a slight pullback today and challenges in its longer-term performance since its IPO.
Frequently Asked Questions (FAQ):
Q1: What is the current stock price of Coinbase Global?
A: As of today at 19:38 GMT+5:30, the stock price of Coinbase Global (COIN) is 255.60 USD.
Q2: What is the ticker symbol for Coinbase Global and on which exchange is it traded?
A: The ticker symbol is COIN. It is traded on the Nasdaq Stock Market.
Q3: How has the COIN stock performed today?
A: Today, the COIN stock has decreased by -0.40 USD, which is a -0.16% change. The 1-day specific performance tab shows a -0.50% change.
Q4: What was the previous closing price for COIN shares?
A: The previous closing price for COIN shares was 256.00 USD.
Q5: What are the recent and long-term performance metrics for Coinbase stock?
A:
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1 day: -0.50%
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5 days: +3.18%
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1 month: +30.38%
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6 months: -22.47%
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Year to date: -0.68%
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1 year: +3.19%
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All time: -33.14%
Q6: Is Coinbase (COIN) a good stock to invest in?
A: Coinbase has shown very strong performance over the last month (+30.38%). However, its 6-month, year-to-date, and all-time performance are currently negative. The stock is also known for its volatility, often influenced by the broader cryptocurrency market. Whether it’s a “good” investment depends on your individual financial goals, risk tolerance (especially regarding crypto-related assets), and thorough research into the company’s fundamentals, the regulatory environment for cryptocurrencies, and overall market conditions. Consulting a financial advisor is recommended.
Q7: What kind of company is Coinbase Global?
A: Coinbase Global, Inc. operates a cryptocurrency exchange platform. It allows users to buy, sell, transfer, and store various digital assets.
Q8: Where can I find more detailed chart information for COIN stock?
A: More detailed chart information, often labeled as “Full chart” or “See on Supercharts,” can be found on financial news websites, brokerage platforms, and stock market data providers like TradingView that cover the Nasdaq Stock Market.
