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Should You Seize the Opportunity on Coinbase's Recent Dip?
COINCoinbase(COIN) The Motley Fool·2024-11-06 14:19

Coinbase's recent drop may look like a setback, but behind the dip lies a golden opportunity for investors willing to see the big picture.After a meteoric two-year run that saw Coinbase Global (COIN 4.13%) jump by more than 350%, the company faced its worst trading day since 2022 on Oct. 31, with the stock sliding over 10% after releasing its third-quarter earnings. But while there are reasons for investors to be cautious, there are also signs that the recent drop might be an overreaction, presenting a pote ...