Author: John Smith

Coinbase (COIN) shares surged over 8% after-hours on news of its S&P 500 inclusion. Coinbase will replace Discover Financial in the index effective before market open on May 19. The inclusion marks a significant milestone, giving broad investor/portfolio exposure to a crypto firm. Shares of cryptocurrency exchange Coinbase (COIN) experienced a significant surge in after-hours trading on Monday following the landmark announcement that the company will be added to the prestigious S&P 500 stock index. This inclusion marks a pivotal moment for Coinbase and the broader digital asset industry, signaling increased mainstream acceptance and potentially ushering in a new wave…

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