Coinbase climbs 13% in trading debut as valuation hovers around $100 billion

Business Insider
Apr 14, 2021, 1:40 pm135 pts
Coinbase CEO Brian Armstrong Anthony Harvey / Stringer Coinbase on Wednesday surged as much as 13% in its trading debut on the Nasdaq. The direct listing had a $250-per-share reference price, and opened at $381 before hitting an intraday high of $429.54. Coinbase is the first major cryptocurrency exchange to go…

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