— Investors put more pressure onto shares of the cryptocurrency exchange early Friday. The stock ticked down 2.
3% in premarket trading, a day after the company disclosed it received a Wells notice from the Securities and Exchange Commission. The disclosure pushed the stock down more than 14% on Thursday. Year to date, the stock is still up 87% this year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves premarket: Coinbase, AMC, Chewy, First Republic and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »
Coinbase’s stock tumbles after SEC warning, Regeneron shares rally, and other stocks on the moveCoinbase shares were declining 14% in afternoon activity after the crypto exchange disclosed a warning from the Securities and Exchange Commission that it may have broken securities laws. One analyst called the notice an “ominous” sign.
Source: MarketWatch - 🏆 3. / 97 Read more »