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Barchart
Barchart
Aditya Raghunath

Is Coinbase Stock a Sell on the News That the SEC is Suing the Crypto Exchange?

Coinbase COIN SEC Crypto Bitcoin Cryptocurrency Aladdin BlackRock

Shares of Coinbase (COIN) have been on an absolute tear recently. The stock has more than doubled from its June lows, bringing COIN's year-to-date gain to a market-beating 156%. 

Despite this breakout price action, Coinbase stock still trades 79% below its April 2021 all-time high, and 22.6% beneath its 52-week high.

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