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Coinbase stock sinks 12% after Q2 revenue miss – TON BOT

Coinbase stock sinks 12% after Q2 revenue miss

Coinbase stock fell over 12% post-earnings due to lower trading revenue and a $359 million quarterly loss, raising concerns about growth. Revenue missed estimates at $1.22 billion, with a net loss. The company aims to reduce reliance on trading fees with stablecoins and prediction markets. Leadership changes add uncertainty.


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