Coinbase Global Slips 8%

Shares of cryptocurrency company Coinbase Global, Inc. (COIN) are down 8 percent on Thursday's trading. The stock was negatively impacted by news of analysts Wells Fargo recommending to sell the stock as rising competition and macro pressures will hurt the stock.

Currently at $61.20, the stock has traded between $40.83 and $368.90 during the past 52 weeks.

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