Home Coinbase Cathie Woods’ ARK Buys 238K Extra Shares in Coinbase Alternate Amid Crypto Rout – CoinDesk

Cathie Woods’ ARK Buys 238K Extra Shares in Coinbase Alternate Amid Crypto Rout – CoinDesk

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“Whereas COIN has minimal publicity to FTX, earlier than there’s sufficient proof that the contagion threat is contained, the stress on crypto costs will doubtless weigh on COIN,” Oppenheimer analyst Owen Lau instructed shoppers in a analysis observe Thursday morning. The agency lowered its value goal to $89 from $107, sustaining an outperform inventory ranking.

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