Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some
Headlines

Coinbase’s Stock at Crossroads as Cathie Wood’s Ark Sells Some


“Investing in Coinbase is not for the faint of heart, as the business – and the stock – will likely see dramatic, potentially protracted swings, because Coinbase’s revenues are currently tightly linked to cryptocurrency asset values, which have historically been cyclical,” Lisa Ellis, an equity analyst at MoffettNathanson, told clients in a note in May when she started coverage of the stock with a buy rating and $200 price target.

Related posts

EdaFace Price Analysis – Technicals Reveal A Shocking Trend

EdaFace Admin

10,000 BTC May Soon Hit the Markets, What’s awaited for EdaFace Price This Week?

EdaFace Admin

Ripple Vs SEC: This Might Happen If Ripple Losses The Case

EdaFace Admin

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More