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Coinbase Shares Close 10.6% Lower in First Session After Q3 Results

The shares had ended the previous session at $160.59.

A red metal market bar sits below a silver bar beside a brass bell / TokenPost.ai
A red metal market bar sits below a silver bar beside a brass bell / TokenPost.ai

Coinbase ended the Oct. 30 session at $143.54, with shares down 10.6% from their previous close. It was the first full trading session after the company released its third-quarter results.

Coinbase had scheduled the results release for after the market closed Oct. 29. Shares finished that session at $160.59, the reference point for Friday’s decline.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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