Canada markets open in 3 hours 15 minutes
  • S&P/TSX

    18,861.36
    -217.24 (-1.14%)
     
  • S&P 500

    3,825.33
    +39.95 (+1.06%)
     
  • DOW

    31,097.26
    +321.86 (+1.05%)
     
  • CAD/USD

    0.7784
    +0.0022 (+0.28%)
     
  • CRUDE OIL

    107.85
    -0.58 (-0.53%)
     
  • BTC-CAD

    24,934.03
    +316.62 (+1.29%)
     
  • CMC Crypto 200

    418.71
    -1.43 (-0.34%)
     
  • GOLD FUTURES

    1,806.70
    +5.20 (+0.29%)
     
  • RUSSELL 2000

    1,727.76
    +19.77 (+1.16%)
     
  • 10-Yr Bond

    2.8890
    0.0000 (0.00%)
     
  • NASDAQ futures

    11,559.75
    -51.50 (-0.44%)
     
  • VOLATILITY

    27.71
    -1.00 (-3.48%)
     
  • FTSE

    7,253.18
    +84.53 (+1.18%)
     
  • NIKKEI 225

    26,153.81
    +218.19 (+0.84%)
     
  • CAD/EUR

    0.7448
    +0.0009 (+0.12%)
     

Why Shares of Coinbase Are Rising Today

·2 min read
Why Shares of Coinbase Are Rising Today
In this article:
  • Oops!
    Something went wrong.
    Please try again later.

Shares of the large U.S. crypto exchange Coinbase (NASDAQ: COIN) are trading roughly 5.5% higher as of 10:57 a.m. ET today after the company recently joined the Fortune 500 list and as the broader crypto market rises. Coinbase also became the first crypto company yesterday to join the Fortune 500 list, which is a list of the 500 largest companies in the U.S. ranked by revenue. Coinbase in fiscal year 2021 generated $7.8 billion of revenue to come in at number 437 on the list.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting