Wall Street analysts say Coinbase’s 8% drop after earnings is a buying opportunity

By November 10, 202175 views

Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021.

Michael Nagle | Bloomberg | Getty Images

Shares of Coinbase took a hit Wednesday after the cryptocurrency exchange reported a revenue miss and drop in monthly transacting users for the third quarter that disappointed many investors.