Coinbase shares are trading lower after Moody's cut its outlook to Negative amid SEC charged.
Portfolio Pulse from Benzinga Newsdesk
Coinbase shares are trading lower after Moody's cut its outlook to Negative amid SEC charges.

June 09, 2023 | 7:10 pm
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NEGATIVE IMPACT
Coinbase shares are trading lower after Moody's cut its outlook to Negative amid SEC charges.
Coinbase shares are trading lower due to Moody's cutting its outlook to Negative. This is a direct result of the SEC charges against the company, which has negatively impacted investor sentiment and could lead to further downward pressure on the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100