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Coinbase's stock rose 3.2%, but earnings missed estimates, highlighting the company's volatility.
Coinbase's stock price fluctuated, rising 3.2% to $307.29 on January 22nd, with analysts providing mixed outlooks.
Despite a 78.8% increase in quarterly revenue to $1.21 billion, the company's earnings per share missed analyst estimates.
Insiders have sold a significant amount of shares recently, and the stock's performance is closely tied to Bitcoin's value, making it volatile.
Institutional ownership stands at 68.84%.
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Las acciones de Coinbase aumentaron 3,2%, pero las ganancias fallaron las estimaciones, destacando la volatilidad de la compañía.