Mizuho turns bearish on Coinbase, questions path for interest income

Dec. 09, 2022 9:13 AM ETCoinbase Global, Inc. (COIN)By: Max Gottlich, SA News Editor7 Comments

Coinbase Releases Third-Quarter Financial Results

Leon Neal

Mizuho analyst Dan Dolev downgraded Coinbase Global (NASDAQ:COIN) stock to Underperform from Neutral on Friday, questioning whether the cryptocurrency exchange's interest income, a key revenue driver, is "the next shoe to drop." COIN shares slid

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