Why Coinbase Stock Soared 65% in November
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Coinbase's stock surged 65% in November despite disappointing earnings, driven by market reactions to the Trump victory in the US presidential election.
December 04, 2024 | 3:30 am
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Coinbase's stock price increased by 65% in November, despite disappointing earnings, due to market reactions following Trump's presidential election victory.
The significant rise in Coinbase's stock price is attributed to external political factors rather than its financial performance, indicating a strong market sentiment shift post-election.
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