COIN

-6.0%⚪ No clear catalyst

Coinbase Global, Inc. Class A Common Stock · Financial Services

$172.85Vol 9.09M · 1.0× normalMkt cap −$2.89BMarket closed — 2026-10-16 session

What happened

Move

-6.0%

Price

$172.85

Volume

9.09M

1.0× normal

Market cap

$45.60B

−$2.89B today

Why it moved

Acquisition / M&Alow confidence

Coinbase Global Stock Drops 24% YTD: Time to Buy the Dip? — finnhub-news
Marqeta Collaborates With Coinbase To Bring Stablecoin-Backed Cards To Both Crypto-Native And Non-Crypto Firms — finnhub-news

Weak signal: acquisition / m&a, 6.0pp below its sector.

Verdict — was the move justified?

⚪ No clear catalyst

An unusually large move with no reliable catalyst identified — most likely flow/positioning-driven rather than news-driven.

How unusual is this move

σ score

2.0σ

vs own 20d volatility

Percentile

77th

of 1279 daily moves

Avg daily move

±4.0%

own 5y average

vs sector

-6.0%

beyond sector median

What happened after similar moves

194 similar down moves in COIN’s 5-year history:

After 5 days

-0.5%

49% higher

After 20 days

+0.4%

51% higher

Median of same-direction moves within ±35% magnitude band. Past patterns don’t predict outcomes — context, not signal.

Fundamental context

V 32G 0P 17H 93Q 30EW 23/65

Insider activity (90d): net selling $16.82M

Valuation context

P/E (TTM)

50.2

5y median 31.4

P/E percentile

86%

vs own 3y history

Trading richer than 86% of its own historical valuation range.

Full fundamental analysis on PreMarketPrice

Pillar scores, financial statements, valuation history, news & more for COIN

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