The bear market has not been the sole preserve of stocks. It has extended to the crypto sphere and that has been bad news for a company which straddles both worlds – Coinbase (COIN). The leading crypto exchange has had a rough 2022, with the second quarter showing real-world decline on almost every metric. This has been reflected by the shares’ woeful performance – down by 73% on a year-to-date basis. However, following conversations with CFO Alesia Haas and VP of IR Anil Gupta, Oppenheimer’s Owen Lau thinks Coinbase is far from down and out.
https://www.tipranks.com/news/article/coinbase-stock-reasons-to-stay-upbeat?utm_source=advfn.com&utm_medium=referral
Coinbase Global (NASDAQ:COIN)
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