Coinbase (COIN) news: weak crypto markets cause Q1 earnings miss
Coinbase (COIN) shares fell more than 5% in after-hours trading Thursday after the cryptocurrency platform reported weaker-than-expected first-quarter results as falling cryptocurrency prices dampened trading activity in one of the company’s main sources of revenue. The company reported a loss of $1.49 per share, while analysts expected a profit of $0.27 per share. Revenue was…