Coinbase shares spike as crypto exchange set to join S&P 500, replacing Discover Financial

cnbc.com/2025/05/12/coinbase-joining-sp-500-replacing-discover-financial.html

Coinbase is joining the S&P 500, replacing Discover Financial Services in the benchmark index, according to a release on Monday. Shares of the crypto exchange jumped 8% in extended trading.
The change will take effect before trading on May 19. Discover is in the process of being acquired…

This story appeared on cnbc.com, 2025-05-12 21:42:58.
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