Coinbase Stock (COIN) Jumps 16% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

“General, we had been happy with the outcome and would characterize the near-term monetary outlook as a modest constructive to expectations,” Devin Ryan, JMP Securities monetary know-how analysis director, wrote in a observe to traders. “Given the continuation of a difficult setting, coupled with all of the regulatory headlines, it was good to see a comparatively clear quarter with respectable outcomes, all issues thought of.”