Coinbase Stock (COIN) Today: Ark Invest Buying, Argus Downgrade and Stablecoin Risks – November 29, 2025
Coinbase shares dropped 17% from early November highs before rebounding, trading between $249 and $280 on November 28. Q3 2025 results showed revenue of $1.9 billion, up 25% quarter-on-quarter, and net income of $432.6 million. Insider selling, an Argus downgrade, and regulatory scrutiny offset gains from Bitcoin’s surge and new product launches.