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Coinbase stock falls below key resistance, Q2 loss of $1.36 per share far exceeds expectations
svmuu.com19/08/2026 08:31
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Coinbase (COIN) stock broke below a key resistance level on Tuesday after the cryptocurrency exchange reported a second-quarter earnings per share loss of $1.36, significantly higher than analysts' expectations of a $0.41 loss per share, leading sellers to exit. Additionally, market uncertainty surrounding the Clarity Act also put pressure on the stock price.
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