Here's Why Coinbase Stock Surged Almost 60% Higher in February

Coinbase Global (COIN 5.59%) shares jumped 58.8% last month, according to data provided by S&P Global Market Intelligence. The stock benefited from a combination of strong quarterly results and soaring cryptocurrency prices. The company is capitalizing on more accommodative capital market conditions, and things are looking increasingly attractive for the upcoming quarters.Quarterly earnings were impressiveCoinbase comfortably surpassed analyst estimates for revenue and earnings. Revenue increased 50% over t ...