Coinbase Shares Surge, Penn Shares Gain, Meta Nears Acquisition of AI Voice Startup
On this edition of Stock Movers:- Coinbase (COIN) shares are on track for their first record in more than three years, capping off a rally fueled by growing acceptance of the cryptocurrency industry on Wall Street and in Washington. The crypto-exchange operator’s stock was up 2.7% on Thursday, trading at $365.05 — higher than the peak close of $357.39 in November 2021, just months after the company went public through a direct listing. Coinbase shares have surged more than 1,000% from a record low in late 2022, which came as the collapse of FTX raised questions about the future of…
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