Coinbase (COIN) Shares Jump 8% Post-Market on S&P 500 Inclusion

Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion

Coinbase had its best day since just after last year's presidential election, as investors bought shares ahead of the company's inclusion in the S&P 500.

Coinbase (COIN) Shares Jump 8% Post-Market on S&P 500 Inclusion

Crypto exchange Coinbase (COIN) surged over 8% on Monday after market closing on news that the stock will be included in the broad-market S&P 500 stock index.The company would replace Discover Financial starting on May 19, according to an S&P press release.The S&P 500 tracks 500 of the largest publicly traded companies in the U.S. across several sectors, including tech, healthcare, finance and more. Prominent names in the index include Apple, Mi…

ARK's CEO praises Coinbase and Tesla for leading blockchain and equity market transformation

On May 14, Cathie Wood, the CEO of ARK Invest, listed innovation-focused companies such as Coinbase, Tesla, Palantir, and Shopify as the leaders in transforming equity markets and blockchain technology, eliminating and replacing the traditional benchmarks. Wood also speculated that it was probable that benchmarks would chase innovation more quickly in the years to come. These remarks came after ARK analyst Frank Downing commented on ARK’s initia…

Ark Invest Applauds as Coinbase Pulls Index Managers Deep Into Crypto Territory – Featured Bitcoin News

Coinbase’s S&P 500 debut forces index managers to buy in, validating Ark’s bold, research-driven bet and catapulting crypto into Wall Street’s financial mainstream. Ark Invest to Index Funds: You Can’t Ignore Coinbase Anymore Cathie Wood, chief executive of Ark Investment Management (Ark Invest), clarified her stance on crypto exchange Coinbase (Nasdaq: COIN) following its inclusion […]

The Dow Jones, S&P 500 and Nasdaq 100 close mixed after an IPC of the USA softer than expected - World Stock Market

The Dow Jones decreased 0.64% in the day, quoting in these in 42,133. The Nasdaq 100 advances N 1.57% today, animated by Palantir Technologies (PLTR). The S&P 500 wins 0.67%, led by Coinbase (Coin). The United States consumer price index was 2.3% annualized in April, improving analysts’ forecasts. Coinbase (COIN) titles shoot 23.97% today, reaching maximum of February 21. The Dow Jones marked a maximum of the day in 42,377, attracting aggressive…

Summary: Coinbase will integrate the S&P 500 index on May 19, 2025, replacing Discover Financial Services which is being acquired by Capital One. The company's share has jumped by 8% after this announcement, despite a 17% decrease since the beginning of 2025. Coinbase recently announced the acquisition of Deribit for $2.9 billion, the largest transaction in the history of the crypto sector. The company plays a growing role in the traditional fin…