Reported 1 day ago
Coinbase Global, Inc. (NASDAQ:COIN) saw its stock drop by 7.2% to $244.44 following news of a significant data breach, where hackers stole customer data and demanded a $20 million ransom. The company estimated that addressing the breach could cost between $180 million to $400 million. This decline contributed to Coinbase's position among the top 10 stocks experiencing losses, as investor confidence wavered amidst negative news.
Source: YAHOO