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Coinbase Stock (COIN) Jumps 16% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

by Index Investing News
May 6, 2023
in Cryptocurrency
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“Overall, we were pleased with the result and would characterize the near-term financial outlook as a modest positive to expectations,” Devin Ryan, JMP Securities financial technology research director, wrote in a note to investors. “Given the continuation of a challenging environment, coupled with all the regulatory headlines, it was nice to see a relatively clean quarter with respectable results, all things considered.”



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Tags: AnalystscoinCoinbasejumpsPostEarningspraiseRegulatoryResultsStockUncertaintyworry
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