Here's why Coinbase's soaring stock remains so polarizing

Coinbase Global Inc.’s stock is a somewhat divisive name on Wall Street, with ratings split roughly evenly between the buys, holds, and sells. But one analyst put the cryptocurrency exchange’s story succinctly in the wake of Coinbase’s COIN, +12.30% latest results, which were helping to send its stock some 10% higher in Friday morning action. “Where bitcoin goes, the stock goes,” Bernstein’s Harshita Rawat wrote — “at least in the near-term.” See more: Coinbase’s stock soars after crypto platform swings to ...