
Coinbase Drops, Walt Disney Falls, MP Materials Rises on Trump Launching $12 Billion Minerals Stockpile
On this episode of Stock Movers:- Coinbase (COIN) shares fall. Cryptocurrency-linked stocks fell after Bitcoin prices over the weekend slid to their lowest price since April. B. Riley analyst Fedor Shabalin notes that crypto markets over the past week were pressured by macro headwinds from heightened geopolitical tensions and a US government shutdown. - Disney (DIS) shares fall. The company reported sales and earnings for its fiscal first quarter that exceed analysts’ expectations, but the company gave a tepid outlook for growth in the current period. Disney’s results for the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.