Shares of crypto-related stocks are trading lower after the SEC sued Coinbase in New York federal court.
Portfolio Pulse from Benzinga Newsdesk
Crypto-related stocks are trading lower after the SEC sued Coinbase in New York federal court, potentially affecting companies like MARA, MSTR, and RIOT.
June 06, 2023 | 12:27 pm
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NEGATIVE IMPACT
MARA's stock price may be negatively impacted by the SEC's lawsuit against Coinbase, as it is a crypto-related company.
As a crypto-related company, MARA's stock price may be negatively affected by the SEC's lawsuit against Coinbase, causing investor uncertainty in the crypto market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
MSTR's stock price may be negatively impacted by the SEC's lawsuit against Coinbase, as it is a crypto-related company.
As a crypto-related company, MSTR's stock price may be negatively affected by the SEC's lawsuit against Coinbase, causing investor uncertainty in the crypto market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
RIOT's stock price may be negatively impacted by the SEC's lawsuit against Coinbase, as it is a crypto-related company.
As a crypto-related company, RIOT's stock price may be negatively affected by the SEC's lawsuit against Coinbase, causing investor uncertainty in the crypto market.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75