Coinbase (NASDAQ:COIN) was sued by the Securities and Exchange Commission in early June, but the stock has moved sharply higher since. Travis Hoium covers why this stock is hot again in this video.
*Stock prices used were the end-of-day prices of June 28, 2023. The video was published on June 28, 2023.
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Travis Hoium has positions in Coinbase Global. The Motley Fool has positions in and recommends Coinbase Global. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.