Coinbase Stock Falls After Q1 Earnings Miss Estimates

Coinbase's stock has slumped after the company's first-quarter earnings missed analyst estimates. The performance is attributed to a soft market environment and a broader crypto selloff.

7 May, 21:03 — 7 May, 21:03

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marketwatchMostly Factual1h ago

Coinbase turns into a poster child for the crypto selloff

Coinbase’s quarterly earnings include a 40% on-year decline for transaction revenue, illustrating the effects of a weaker crypto market.

By Claudia Assis

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First report: marketwatch · 7 May, 21:03|Full coverage: 2 · 1m|Window: 1m

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marketwatch7 May, 21:03First to report

Coinbase turns into a poster child for the crypto selloff

seeking-alpha7 May, 21:04Latest update

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Coinbase Stock Falls After Q1 Earnings Miss Estimates

Sources

Coinbase turns into a poster child for the crypto selloff

Coverage Timeline

Coinbase turns into a poster child for the crypto selloff

Coinbase stock slumps as Q1 earnings miss estimates on soft market environment

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