Market Reaction to Coinbase Hack ‘Overblown,’ Say Analysts as SEC Probe Sinks COIN

coindesk.com/markets/2025/05/16/market-reaction-to-coinbase-hack-overblown-say-analysts-as-sec-probe-sinks-coin

A sharp sell-off in Coinbase (COIN) stock may be an overreaction to two pieces of bad news that hit on the same day, according to analysts at Barclays and Oppenheimer.
Shares of the crypto exchange dropped 7.2% on Thursday after it disclosed a social engineering-driven data breach and…

This story appeared on coindesk.com, 2025-05-16 11:53:41.
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