Coinbase stocks to open lesser after 75% drip in net income Q3

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Coinbase (NASDAQ: COIN) stock has dropped after the company reported a 75% drop in net income during the third quarter.

COIN concluded Nov. 9 with a 0.98 percent gain at a price of $357.39, but the release of the top U.S. exchange’s Q3 report after market close coincided with a drop of about 13.10 percent (at the time of this writing) in after-hours trading.

Story by : Norvisi Mawunyegah