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Here s what happened to Coinbase s stock on its IPO debut

The stock hit an intra-day high of $429.54 before losing all momentum. Coinbase s stock traded as low as $310 per share before closing the day at $328.28. Shares of cryptocurrency exchange provider Coinbase opened for trading Wednesday afternoon for the first time ever at $381. After initial enthusiasm and a rush of buyers looking to get in on the hot IPO, the stock lost momentum and closed the day below its IPO price. From $381 to $429 Coinbase’s first trade on the public market took place shortly after 1 pm ET. Within a few minutes, the stock blew past the $400 per share mark and hit a high of $429.54. But the stock quickly reversed direction and traded lower over the hours that followed.

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After Coinbase s Blockbuster Debut, What Investors Say It Means for Cryptocurrency Markets

After Coinbase s Blockbuster Debut, What Investors Say It Means for Cryptocurrency Markets
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U S dollar at risk as China races ahead on digital yuan

POLITICO Get the POLITICO China Watcher newsletter Email Sign Up By signing up you agree to receive email newsletters or updates from POLITICO and you agree to our privacy policy and terms of service. You can unsubscribe at any time and you can contact us here. This sign-up form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Hello, China Watchers. Your guest host this week is Emily Parker, a managing director at CoinDesk, a news site specializing in bitcoin and digital currencies, and co-anchor at CoinDesk TV. Emily is a former member of the Policy Planning Staff at the U.S. State Department and a former writer and editor at the Wall Street Journal, where she covered Asia. Her book,

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Protesters demand N J women s prison close as outcry against alleged beatings grows

Protesters demand N J women s prison close as outcry against alleged beatings grows
nj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nj.com Daily Mail and Mail on Sunday newspapers.

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Drury Lady Panthers Advance To D-II Final Four

Drury Lady Panthers Advance To D-II Final Four
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