Coinbase stock was priced at $250 before the IPO, but that only seems notional since the stock started trading at $381. The stock quickly gained to over $429, but then pulled back to close at $328. It also hit a low of $310. Quite a wild ride in one day!
It will be interesting to see what happens with this stock after such a bumpy start. BTC ($62,321) and many cryptos that trade on Coinbase are near an all time high, so it seems like interest will be high for Coinbase.
Only a few months later Bitcoin has now dropped by half to around $30k and Coinbase is trading below $250.
