Coinbase’s Earnings Disappoint: CoinDesk TV & Yahoo Finance
We joined CoinDesk TV on Thursday, May 13 and Yahoo Finance on Friday, May 14 to discuss:
- Unrealistic future profit expectations in Coinbase’s (COIN) current valuation
- Competition severely limits the firm’s profitability
- Why the stock could fall to $100 or less
Watch the CoinDesk TV Interview
Watch the Yahoo Finance Interview
This article originally published on May 17, 2021.
Disclosure: David Trainer, Kyle Guske II, and Matt Shuler receive no compensation to write about any specific stock, sector, style, or theme.
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