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Benzinga
Benzinga
Business
Erica Kollmann

Coinbase Stock Is S&P 500's Best Performer For June: How It Got There

Coinbase COIN Circle IPO USDC
Coinbase Shutterstock

Coinbase Global, Inc. (NASDAQ:COIN) is the top performer in the S&P 500 for June, surging 43% and reaching its highest level since its 2021 IPO. 

The rally follows the stock's inclusion in the index at the end of May and is supported by positive regulatory updates and new product launches. Coinbase's momentum began in April and marks its third consecutive monthly gain.

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