By: Sean Nolan
Tuesday's closing price for Coinbase Global on the NASDAQ was $177.08, up $6.23, or roughly 3.65 percent, for the day. After-hours trading saw a slight decline to $175.05. That appears to be a respectable session on the surface. Recently, the stock has been trading in a rough band between $165 and $186; Tuesday's close was comfortably in the middle of that range. However, the story of the Coinbase stock price is more complex than a single day's gain would indicate, and it is worthwhile to spend some time understanding the surrounding context.