Published: Tuesday, September 23, 2025 · 6:55 PM | Updated: Tuesday, September 23, 2025 · 6:55 PM
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Coinbase stock fell Tuesday, getting turned away from a key level. The stock was knocked down after Coinbase posted earnings of 12 cents per share, an 89% plunge from the same quarter a year ago. Coinbase stock sank further on Aug. 5 after the cryptocurrency exchange said it plans to make a private offering of $2.6 billion in convertible senior notes.
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