As Coinbase Stock Rallies Nearly 20%, Should You Chase COIN Higher?
Coinbase (COIN) shares rallied as much as 20% in tandem with a sharp recovery in Bitcoin (BTCUSD) on Feb. 13, reversing much of their losses from disappointing earnings earlier in the week. In its recently reported quarter, the blockchain infrastructure company lost $667 million and came in significantly below revenue estimates. More News from Barchart Still, there’s ample reason for investors to load up on Coinbase stock, which is currently down about 60% versus its October high. www.barchart.com Ag ...