Coinbase Surges 71% Quarter to Date: Buy, Hold or Sell the Stock?

Shares of Coinbase Global Inc (COIN) have rallied 70.9% in quarter to date, outperforming its industry, sector and Zacks S&P 500 Composite’s return in the same time frame. COIN, America's largest registered crypto exchange, has a market capitalization of $76.3 billion. The average volume of shares traded in the last three months was 11.8 million.COIN shares are trading well above the 50-day moving average, indicating a bullish trend.COIN vs Industry, Sector & S&P 500 QTDImage Source: Zacks Investment Resear ...