Coinbase shares fall 11.2% after profit drop
ReutersAug 1, 2025 6:15 AM
LONDON, Aug 1 (Reuters) - Coinbase's Frankfurt-listed shares tumbled 11% on Friday, a day after the cryptocurrency exchange reported a drop in adjusted profit for the second quarter, as gains in subscription and services revenue were offset by weaker trading activity.
Shares in the company fell almost 7% in after-hours trading on Thursday following the release of its results.
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