Coinbase (COIN) stock slides nearly 3% as bitcoin whipsaws; Feb. 12 earnings in focus
Coinbase shares fell 2.7% to $189.56 in Monday afternoon trading, extending recent losses as bitcoin swung between $74,609 and $79,155. Robinhood Markets dropped 9.7%, and Strategy slid 4.3%. Analysts cited plunging trading volumes at major crypto platforms. Coinbase will report earnings on Feb. 12.