New York — Coinbase Global seesawed on Thursday following a volatile trading debut, with momentum building around the stock even as some in the market struggled to place a value on the biggest US cryptocurrency exchange.
After initially spiking as much as 6.4%, shares dropped as low as $321.54 in New York before rebounding again. More than 26-million shares changed hands in the first three hours of Thursday’s session, making it among the most actively traded companies with a market value above $25bn...
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