Coinbase stock jumps 13% after-hours as bitcoin rebounds above $70,000
Coinbase shares jumped 13% in after-hours trading Friday, tracking an 11% rebound in bitcoin to $71,531 after a sharp selloff. Volume in Coinbase topped 19.6 million shares as the stock swung between $151.45 and $167.12. The company reports results Feb. 12, with investors focused on trading volumes and costs. Put options remain heavy, signaling caution ahead of the Feb. 27 expiry.