Coinbase Shares Tank After Q2 Loss Reported
Coinbase (NASDAQ:COIN) shares are struggling in after-hours trading following a Q2 earnings report that disappointed investors. Currently, shares are trading down by over 6% at $153.17 versus the market close of $163.58. Coinbase reported top-line revenue of $1.22 billion, a consensus miss, as analysts had it pegged at $1.29-$1.31 billion. Revenue was down 14% versus…