Coinbase (NASDAQ: COIN) reported a sharp drop in quarterly profit on Thursday, July 31, that sent shares tumbling, with the crypto exchange posting adjusted net income of $33 million, or 12 cents per share, compared to $294 million, or $1.10 per share, in the same quarter last year. COIN stock 1-day chart. Source: Google FinanceShares were trading at $320.93, down 15.04% at press time Friday.Why is Coinbase stock down?Coinbase’s troubles centered on weak trading activity as crypto market volatility dropped ...

Coinbase Global (COIN) Q2 2025 Earnings Call July 31, 2025 05:30 PM ET Speaker0Good afternoon. My name is Kate, and I will be your conference operator today. At this time, I would like to welcome everyone to the Coinbase Second Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session.Thank you. Anil Gupta, Vice President, Investor Relations, you may begin your conference.Speaker1Good ...