Coinbase Stock DOWN 8% in ONE DAY! COIN Stock Analysis
The Stock Students The Stock Students
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 Published On Nov 11, 2021

Coinbase stock has fallen 8% after our earnings report! Should you buy COIN stock now? If you have any comments or questions with my COIN stock analysis and chart analysis, drop me a comment down below!

Key Points:
- Coinbase stock released its earnings report on 09Nov2021, and the stock has fallen 8%, up to 12% in after hours trading. The drop is due to a missed earnings report. Most importantly, COIN has showed a quarter over quarter slowdown. This is due to lack of volatility in cryptocurrencies over the past quarter, but currently, cryptocurrencies are at all time highs. However, COIN investors need to be aware of potential government regulations that are likely coming for crypto.

- Coinbase stock is seeing quarter over quarter lack of growth, which investors should definitely consider. However, COIN has shown fantastic growth year over year. It is up to the investor which story they want to consider more, but investors should consider both stories.

- Investing in COIN is a bit risky at the moment. There is a lot of momentum in the company at the moment, so we could see large volatility in the next few days as investors digest the earnings report. As always, investors need to consider the upside and downside risks before investing in the stock.

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Link (1) COIN stock drops due to missed earnings report (CNBC):
https://www.cnbc.com/2021/11/09/coinb...

Link (2) COIN stock impacted by analyst expectations (Investopedia):
https://www.investopedia.com/terms/a/...

Link (3) COIN stock positively impacted by bullish metaverse view (NPR):
https://www.npr.org/2021/11/08/105364...

Link (4) COIN stock earnings report:
https://s27.q4cdn.com/397450999/files...

Link (5) Real time trading chart of COIN stock: https://thestockstudents.com/tradingv...

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Disclosure:
I do not have any positions in COIN at time of recording
thestockstudents.com/disclaimer

#Coinbase #COIN #stockmarket

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