13/05/2022
Ownerzzz.com - Cryptocurrency and Investment News
Coinbase, MicroStrategy and Other Crypto Stocks Finally See Some Relief After Recent Losses
Coinbase got a much-needed boost after posting weaker-than-expected earnings on Tuesday that caused its stock to fall as much as 34% this week.
Oppenheimer defended the company’s 10-Q risk disclosure that led to investor concerns in a note on Thursday, saying the filing and tweet from CEO Brian Armstrong are “grossly misunderstood and being taken out of context.” Analyst Owen Lau maintained an outperform rating and price target of $197.
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https://www.coindesk.com/business/2022/05/13/coinbase-microstrategy-and-other-crypto-stocks-finally-see-some-relief-after-recent-losses/?outputType=amp
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