tl;dr
Hey there, fellow crypto enthusiasts! Today, let's dive into the latest news from Coinbase Global (NASDAQ:COIN). It seems that the company's Chief Operating Officer, Emilie Choi, has recently made a significant move in the stock market. On January 2, Choi sold 8,000 shares in the company at a price ...
Hey there, fellow crypto enthusiasts! Today, let's dive into the latest news from Coinbase Global (NASDAQ:COIN). It seems that the company's Chief Operating Officer, Emilie Choi, has recently made a significant move in the stock market. On January 2, Choi sold 8,000 shares in the company at a price of $173.3 per share. But here's the interesting part - this sale was part of a pre-established Rule 10b5-1 trading plan. Over the past three months, insider trade activity has seen a net sale of 953.4K shares, including 9 buys and 49 sales. As a result of this news, shares in the company have experienced a 0.45% increase in post-market trading. Quite the intriguing development, wouldn't you say? Keep reading for more insights into this fascinating situation!
More about Coinbase Global Inc
Coinbase Global Inc. is a company providing financial infrastructure and technology for the crypto economy. With a market cap of 36,422,812,000 and a trading volume of 2,627,473,000, the company has shown a stock performance of -3.2% with a 11.3% increase in revenue. The market sentiment towards Coinbase Global Inc. is currently bearish with a stock price of 88.29 and a negative earnings per share of -0.28. It is important to note that the crypto market is highly volatile and subject to regulatory changes, which could pose risks and uncertainties for the company's future performance.
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