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The world’s second-largest crypto exchange certainly showed resilience on the day of the Coinbase IPO. A reference price of $250 per share had been set for the stock. When trading commenced on the Nasdaq, it surged to $381 – that’s a 52% improvement. Coinbase IPO price estimates were difficult to make from there.
Shares of Coinbase are listed on the Nasdaq under the ticker “COIN,” and closed at $328.28, up 31% from the $250 reference price set by Nasdaq ahead of the first trade. That puts Coinbase’s market value at $85.78 billion.
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Coinbase Global Priced, Nasdaq: COIN. Operates a cryptocurrency exchange and digital currency wallets. Industry: Financials. Latest Trade: $230.03 0.00 (0.0%) First Day Return: +31.3%. Return from IPO: -8.0%.
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Reflecting the high energy everywhere in the world of bitcoin , major cryptocurrency exchange Coinbase saw its valuation reach over $80 billion after its first day of public trading.
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Down 30% Since IPO, Is Coinbase Stock Finally Worth A Look .
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Thus, Coinbase secured an approximate valuation of $85 billion after the IPO. Coinbase Inc is a licensed American cryptocurrency exchange platform, functional throughout the US, excluding Hawaii. It is one of the largest platforms in the US for trading digital currency. Designed in a user-friendly way, it also serves as a digital currency wallet.
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[6/25/2021] At $225, Coinbase Stock Is A Solid Bet On The Crypto Future Coinbase (NASDAQ:COIN), the largest U.S. cryptocurrency exchange, has seen its stock price decline by over 30% since its.
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