Coinbase Global Inc Ordinary Shares - Class A
COIN: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|tB | LOCK|Y! | LOCK|FM@<WS |
Coinbase Earnings: Strong Net Income on Investment Gains, but Trading Business Disappoints
Coinbase Global reported weak second-quarter results as lower cryptocurrency volatility led to a sharp sequential decrease in trading volume. Net revenue rose 2.9% from last year but fell 27.6% sequentially to $1.42 billion.
