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David1969
2021-04-15
I dun think coinbase will drop below 250 as small investor just hold... wait & see
Coinbase gained about 10% in premarket trading
David1969
2021-05-13
Haha gambling time
抱歉,原内容已删除
David1969
2021-04-23
Just fucking hold to your coinbase I bought 262 & 238 average out to be 350
Why Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting
David1969
2021-04-15
Just bought 10 shares premarket at 362
Coinbase gained about 10% in premarket trading
去老虎APP查看更多动态
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gambling time","listText":"Haha gambling time","text":"Haha gambling time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198042685","repostId":"1127009708","repostType":2,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372882219,"gmtCreate":1619191256431,"gmtModify":1631884223324,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","listText":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","text":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372882219","repostId":"1113024815","repostType":2,"repost":{"id":"1113024815","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1619143023,"share":"https://www.laohu8.com/m/news/1113024815?lang=&edition=full","pubTime":"2021-04-23 09:57","market":"us","language":"en","title":"Why Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting","url":"https://stock-news.laohu8.com/highlight/detail?id=1113024815","media":"Benzinga","summary":"German stock exchange Deutsche Boerse said shares of Coinbase Global Inc (NASDAQ:COIN) will remain l","content":"<p>German stock exchange Deutsche Boerse said shares of <b>Coinbase Global Inc</b> (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.</p>\n<p><b>What Happened:</b> On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.</p>\n<p>According to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.</p>\n<p>\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”</p>\n<p><b>Why It Matters:</b> A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.</p>\n<p>\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.</p>\n<p>Clearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.</p>\n<p>However, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-23 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>German stock exchange Deutsche Boerse said shares of <b>Coinbase Global Inc</b> (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.</p>\n<p><b>What Happened:</b> On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.</p>\n<p>According to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.</p>\n<p>\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”</p>\n<p><b>Why It Matters:</b> A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.</p>\n<p>\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.</p>\n<p>Clearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.</p>\n<p>However, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113024815","content_text":"German stock exchange Deutsche Boerse said shares of Coinbase Global Inc (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.\nWhat Happened: On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.\nAccording to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.\n\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”\nWhy It Matters: A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.\n\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.\nClearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.\nHowever, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347868252,"gmtCreate":1618485700676,"gmtModify":1634292626955,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","listText":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","text":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347868252","repostId":"1152649892","repostType":4,"repost":{"id":"1152649892","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618474464,"share":"https://www.laohu8.com/m/news/1152649892?lang=&edition=full","pubTime":"2021-04-15 16:14","market":"us","language":"en","title":"Coinbase gained about 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152649892","media":"Tiger Newspress","summary":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday","content":"<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase gained about 10% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase gained about 10% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152649892","content_text":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).That was about $246M worth of Coinbase shares.\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347149922,"gmtCreate":1618478085266,"gmtModify":1634292667300,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"Just bought 10 shares premarket at 362","listText":"Just bought 10 shares premarket at 362","text":"Just bought 10 shares premarket at 362","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347149922","repostId":"1152649892","repostType":4,"repost":{"id":"1152649892","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618474464,"share":"https://www.laohu8.com/m/news/1152649892?lang=&edition=full","pubTime":"2021-04-15 16:14","market":"us","language":"en","title":"Coinbase gained about 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152649892","media":"Tiger Newspress","summary":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday","content":"<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase gained about 10% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase gained about 10% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152649892","content_text":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).That was about $246M worth of Coinbase shares.\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":347868252,"gmtCreate":1618485700676,"gmtModify":1634292626955,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","listText":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","text":"I dun think coinbase will drop below 250 as small investor just hold... wait & see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347868252","repostId":"1152649892","repostType":4,"repost":{"id":"1152649892","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618474464,"share":"https://www.laohu8.com/m/news/1152649892?lang=&edition=full","pubTime":"2021-04-15 16:14","market":"us","language":"en","title":"Coinbase gained about 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152649892","media":"Tiger Newspress","summary":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday","content":"<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase gained about 10% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase gained about 10% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152649892","content_text":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).That was about $246M worth of Coinbase shares.\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":539,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198042685,"gmtCreate":1620915699547,"gmtModify":1634195305343,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"Haha gambling time","listText":"Haha gambling time","text":"Haha gambling time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198042685","repostId":"1127009708","repostType":2,"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372882219,"gmtCreate":1619191256431,"gmtModify":1631884223324,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","listText":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","text":"Just fucking hold to your coinbase I bought 262 & 238 average out to be 350","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372882219","repostId":"1113024815","repostType":2,"repost":{"id":"1113024815","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1619143023,"share":"https://www.laohu8.com/m/news/1113024815?lang=&edition=full","pubTime":"2021-04-23 09:57","market":"us","language":"en","title":"Why Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting","url":"https://stock-news.laohu8.com/highlight/detail?id=1113024815","media":"Benzinga","summary":"German stock exchange Deutsche Boerse said shares of Coinbase Global Inc (NASDAQ:COIN) will remain l","content":"<p>German stock exchange Deutsche Boerse said shares of <b>Coinbase Global Inc</b> (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.</p>\n<p><b>What Happened:</b> On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.</p>\n<p>According to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.</p>\n<p>\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”</p>\n<p><b>Why It Matters:</b> A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.</p>\n<p>\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.</p>\n<p>Clearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.</p>\n<p>However, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Deutsche Boerse Resumes Coinbase Shares Trading After Announcing Delisting\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-23 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>German stock exchange Deutsche Boerse said shares of <b>Coinbase Global Inc</b> (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.</p>\n<p><b>What Happened:</b> On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.</p>\n<p>According to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.</p>\n<p>\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”</p>\n<p><b>Why It Matters:</b> A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.</p>\n<p>\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.</p>\n<p>Clearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.</p>\n<p>However, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113024815","content_text":"German stock exchange Deutsche Boerse said shares of Coinbase Global Inc (NASDAQ:COIN) will remain listed on the exchange after resolving an issue regarding wrongfully inserted reference data.\nWhat Happened: On Wednesday, the exchangeannounced it would de-list Coinbase from its Xetra trading system as well as the Frankfurt stock exchange due to incorrect data provided by Coinbase.\nAccording to areportfrom Reuters, Coinbase provided the “wrong LEI reference code” when it began trading on Deutsche Boerse’s platforms.\n\"The reason for the de-listing is a missing reference data for these shares,” said Deutsche Boerse, adding, \"The only way for Coinbase to resume trading is for the issuer to apply for an LEI.”\nWhy It Matters: A spokesperson for Coinbase declared the issue an “administrative error” on Coinbase’s part while stating that they would be quickly working towards resubmitting the necessary documents.\n\"There have been no interruptions to trading of Coinbase stock at this time. We are working to resolve this as quickly as possible,\" said the spokesperson.\nClearstream, a subsidiary of Deutsche Boerse, declared that it would no longer settle trades of Coinbase shares on the Frankfurt stock exchange from April 23 for regulatory reasons unless an LEI is provided.\nHowever, that is now an unlikely scenario, as a recentreportconfirmed that Coinbase had provided the necessary LEI code, and trading on the European exchanges is likely to continue uninterrupted.","news_type":1},"isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347149922,"gmtCreate":1618478085266,"gmtModify":1634292667300,"author":{"id":"3578912556304166","authorId":"3578912556304166","name":"David1969","avatar":"https://static.tigerbbs.com/807cc4e96c70ae621525aa8d0d95e598","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578912556304166","idStr":"3578912556304166"},"themes":[],"htmlText":"Just bought 10 shares premarket at 362","listText":"Just bought 10 shares premarket at 362","text":"Just bought 10 shares premarket at 362","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347149922","repostId":"1152649892","repostType":4,"repost":{"id":"1152649892","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1618474464,"share":"https://www.laohu8.com/m/news/1152649892?lang=&edition=full","pubTime":"2021-04-15 16:14","market":"us","language":"en","title":"Coinbase gained about 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1152649892","media":"Tiger Newspress","summary":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday","content":"<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase gained about 10% in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase gained about 10% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-15 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(April 15) Coinbase gained about 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/0a4243267797a533c545dd6cc5dfc290\" tg-width=\"1066\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.</p><p>COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.</p><p>Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.</p><p>The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.</p><p>In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).</p><p>That was about $246M worth of Coinbase shares.</p><p>\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.</p><p>ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).</p><p>Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.</p><p>Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.</p><p>COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).</p><p>However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.</p><p>That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.</p><p>Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.</p><p>That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.</p><p>The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.</p><p>Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.</p><p>Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152649892","content_text":"(April 15) Coinbase gained about 10% in premarket trading.Coinbase Global popped nearly 72% intraday Wednesday and ended the session ahead more than 30% after the cryptocurrency firmstaged its eagerly anticipated direct listing on the Nasdaq.COIN opened at $381 at about 1:30 p.m. ET, up 52.4% from a$250-a-share reference pricethat the Nasdaq and Goldman Sachs had set for the stock Tuesday afternoon.Coinbase later shot up to as high as $429.54 intraday before closing at $328.28, up 31.3% from the reference price.The closing price gives Coinbase about an $85.8B market capitalization, as the company has some 261.3M shares outstandingon a fully diluted basis.In addition, ARK Invest buys Coinbase for 3 funds. Cathie Wood bought 89,589 shares of Coinbase for the ARK Fintech Innovation ETF (NYSEARCA:ARKF). She bought 512,535 shares of the crypto trading platform for the flagship ARK Innovation ETF (NYSEARCA:ARKK). And she added 147,081 Coinbase shares to the ARK Next Generation Internet ETF (NYSEARCA:ARKW).That was about $246M worth of Coinbase shares.\"There are going to be great opportunities from now and five years to buy (Coinbase) on dips,\" Wood told Bloomberg.ARK thinks institutional interest could add $500K to the price of Bitcoin (BTC-USD).Wall Street has been excitedly awaiting the company's go-public move because the firm represents perhaps the first pure play on the hot cryptocurrency market.Coinbase operates a popular trading platform for Bitcoin (BTC-USD) and other cryptocurrencies, and also offers services like hosting the digital “wallets” that store investors’ crypto holdings.COIN went public at a time when Bitcoin has been trading at or near record highs, as have other cryptoslike Ethereum (ETH-USD) and Dogecoin (DOGE-USD).However, the company took the unusual move of going public via a direct listing rather than a traditional IPO. Certain Coinbase pre-IPO investors simply made as many as 114.85M shares available to the public via the Nasdaq.That led to uncertainty as to how much COIN shares are really worth. In a traditional initial public offering, underwriters set the IPO’s official price hours before the stock hits the market, selling shares to institutional investors and wealthy investors at that level.Although a stock can open higher or lower than the official IPO price, at least that gives some investors an idea of what the shares should be worth. That’s not the case with direct listings.That said, not only did the Nasdaq and Goldman issue their $250-a-share reference price Tuesday, but German crypto exchange FTX had been offering non-U.S. investors a futures contract that imputed the stock’s likely price ahead of official trading.The FTX contract was trading at $463.845 right around the time that Coinbase stock opened for actual trading. As each contract represents 1/250-millionth of Coinbase’s estimated value, that implied a $116B market cap for the company.Dividing that by Coinbase’s 261.3M fully diluted shares outstanding put COIN shares’ estimated value at about $443.79 apiece right around the stock’s official Nasdaq opening.Coinbase's hot IPO immediately made it one of the most valuable financial companies, right up withMorgan Stanley, Charles Schwab and others.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}