Coinbase stock drops 4% in after-hours trading as it misses profit and revenue expectations
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In This Story COIN -3.46% Coinbase ( COIN -3.46% ) shares were down 4% in after-hours trading on Wednesday as the crypto exchange posted weaker-than-expected profit and revenue. The largest cryptocurrency exchange in the United States reported earnings that fell short of analyst expectations, with earnings per share coming in at $0.28 compared to the forecasted $0.41. Revenue also missed projections, reaching $1.21 billion rather than the anticipated $1.26 billion. Suggested Reading Starbucks
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