Closing Bell: Coinbase Rises, First Solar Soars, Hertz Tumbles
Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Carol Massar and Tim Stenovec. - Coinbase (COIN) shares skyrocketed as much as 26% in trading, the biggest intraday gain since Nov. 6 to the highest level since February, after S&P Dow Jones Indices said the company will joins the S&P 500 before trading begins on May 19th. The company will replace Discover Financial Services in the index prior to the start of trading on May 19, S&P Dow Jones Indices said in a press…
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