Coinbase, S&P 500
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Shares of Coinbase rose sharply Tuesday on news that it would be included in the benchmark S&P 500 this month.
Key Takeaways Coinbase shares soared 24% on Tuesday following news the cryptocurrency exchange will be added to the S&P 500.The stock forged an inverse head and shoulders pattern on the chart between March and May,
Shares surged 24% after S&P Dow Jones Indices said the crypto exchange will join the S&P 500 on May 19. ↗️ Boeing (BA): The aviation company's shares rose 2.5% after China
Rosenblatt analyst maintains Buy rating for Coinbase Global, raises price target to $300. Recent gains driven by S&P 500 addition and Deribit acquisition.
Coinbase is evolving from a trading-fee-dependent crypto exchange to a durable infrastructure provider. Read why I rate COIN stock a Buy now.
Coinbase had its best day since just after last year’s presidential election, as investors bought shares ahead of the company’s inclusion in the S&P 500.
CNBC's Tanay Macheel joins 'Closing Bell' to talk Coinbase joining the S&P 500. Republicans Are Breaking With Trump Over Qatar Plane Jamie Lee Curtis makes plea to Mark Zuckerberg to take down unsettling AI video Argentina sends U.