COIN Q1 Earnings Preview: 1 Million Subscriptions vs. 26% Revenue Dip, How Will Coinbase Stock Move?
Coinbase Global Inc. (NASDAQ: COIN) is flashing a high-stakes signal ahead of its May 7 earnings report. Despite a projected 26% year-over-year revenue decline, the stock surged 6.14% to $202.99 on Monday, driven by a violent short-covering rally and a legislative breakthrough in Washington.