Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Oppenheimer analyst: Coinbase stock may face volatility in the near future due to U.S. SEC lawsuit

Oppenheimer analyst: Coinbase stock may face volatility in the near future due to U.S. SEC lawsuit

CointimeCointime2024/01/27 06:05
By:Cointime

Oppenheimer investment bank analyst Owen Lau pointed out that Coinbase continues to face legal uncertainty due to its lawsuit against the US Securities and Exchange Commission (SEC) for alleged violations of securities laws. This may mean that the company's current stock price of $125 may experience fluctuations. Previously, Bloomberg analyst Elliot Stein revealed that Coinbase had a 70% chance of winning the lawsuit. In response to this, Owen Lau stated that although Coinbase's stock price has fallen by about 28% in the past 30 days, it still has a growth rate of 67% in the past three months.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!