Coinbase Global Inc – Class A (NASDAQ: COIN) gained to close at $344.45 Thursday after gaining $0.07 (0.02%) on volume of 5,893,705 shares. The stock ranged from a high of $345.85 to a low of $333.88 while Coinbase Global’s market cap now stands at $90,004,785,000.
About Coinbase Global Inc – Class A
Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy.
Visit Coinbase Global Inc – Class A’s profile for more information.
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Moderna Cuts COVID-19 Vaccine Sales Forecast
Moderna Inc (MRNA) on Thursday slashed the 2021 sales forecast for its COVID-19 vaccine by as much as $5 billion, as it struggles to fill vials and distribute them around the world, sending its shares down nearly 15% before the opening bell.
Moderna executives said production challenges now lie with bottling up doses, also known as fill and finish, and ramping up infrastructure to deliver them internationally, rather than production of raw material.
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Workers at Companies With at Least 100 People Must Be Vaccinated By January 4 or Get Weekly Tests
Tens of millions of Americans who work at companies with 100 or more employees will need to be fully vaccinated against COVID-19 by Jan. 4 or get tested for the virus weekly under government rules issued Thursday.
The new requirements are the Biden administration’s boldest move yet to persuade reluctant Americans to finally get a vaccine that has been widely available for months — or face financial consequences. If successful, administration officials believe it will go a long way toward ending a pandemic that has killed more than 750,000 Americans.
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Amazon Now Owns 20% of Electric Truck Maker Rivian
Amazon.com Inc (AMZN), an early backer of Rivian Automotive Inc, now owns about a fifth of the electric truck startup, the e-commerce giant disclosed in a quarterly filing with the US Securities and Exchange Commission (SEC).
As of Sept. 30, Amazon held equity investments representing a 20% ownership interest that had a carrying value of $3.8 billion, up from $2.7 billion at the end of 2020, according to the company’s latest Form 10-Q.
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To get more information on Coinbase Global Inc – Class A and to follow the company’s latest updates, you can visit the company’s profile page here: Coinbase Global Inc – Class A’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.
Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.
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