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Coinbase Fell Below The Opening Price On The First Day Of Listing

Mary Liu

Summary: With an opening price of $381, Coinbase stock--COIN--fell below the opening price within two hours on the first day of listing, is now quoted at $323.06. The highest price in the day was nearly $430, which brought the company's market value to over $100 billion at one time. As the first crypto stock, the listing of ...

With an opening price of $381, Coinbase stock--COIN--fell below the opening price within two hours on the first day of listing, is now quoted at $323.06.

The highest price in the day was nearly $430, which brought the company's market value to over $100 billion at one time.

As the first crypto stock, the listing of Coinbase has attracted much attention. Its significance is not only stock price level, but also a historical moment when the crypto market entered the mainstream.

By Mary Liu

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