Coinbase’s Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts

Coinbase’s Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts

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Source: Coindesk.com

Coinbase shares fell after its third-quarter net revenue missed Wall Street's estimates. Institutional interest in the stock is growing as it becomes a more important component of various equity indices, JMP said. The U.S. presidential election is an important short-term catalyst for both Coinbase and the industry, and may lead to a more benign regulatory

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The post "Coinbase's Earnings Miss Makes U.S. Election Even Bigger Catalyst: Analysts" appeared first here Coindesk.com.

Source: Coindesk.com

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