🔴 COIN is trading 4.3% down today following a Q1 earnings miss

COIN is trading at $184.56 (-4.3%) after hours following a Q1 earnings miss driven by a crypto market downturn and low volatility.

• Coinbase reported $1.41B in revenue (down 21%) and a $1.49/share loss, with transaction revenue sliding 23% to $756M.
• The move extends a -2.53% regular session decline and aligns with soft crypto prices, with BTC and ETH both trading lower since the close.