Coinbase (COIN) Stock on the Rise Since Q4 Earnings Beat

Shares of Coinbase Global (COIN) gained 12.4% in the last two trading sessions after the company’s fourth-quarter 2023 earnings and revenues beat the Zack Consensus Estimate.COIN reported fourth-quarter 2023 income of $1.04 per share against the Zacks Consensus Estimate of a loss of 9 cents per share and the year-ago loss of $2.46 per share.  Coinbase witnessed significant growth in subscription and services revenues as well as low expenses.Behind the HeadlineTotal revenues of $954 million beat the Zacks Co ...