Comment on Coinbase surges 14% after outlining plan to slow down hiring during crypto market downturn

Coinbase surges 14% after outlining plan to slow down hiring during crypto market downturn

Coinbase made its public trading debut on the Nasdaq on April 14, 2021.Shannon Stapleton/Reuters Coinbase shares jumped Tuesday as the company said it plans to slow hiring. The crypto exchange said in a blog post it had planned to triple in size this year. The company said the change comes as it positions itself to succeed during and after the downturn in the crypto market.

 

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