Goldman Sachs & Nasdaq Sets Coinbase Stock Trading At $250 USD Per Share.

Goldman Sachs & Nasdaq Sets Coinbase Stock Trading At $250 USD Per Share.

2021-04-14 | Big Bob

Goldman Sachs & Nasdaq Sets Coinbase Stock Trading At $250 USD Per Share.

Goldman Sachs in collaboration with Nasdaq has decided Coinbase stock should start trading at $250 USD per share. That’s a valuation of $66.5 Bln, assuming an estimated 266.2 Mln shares outstanding. The reference price is discovered using public financial information alongside market sentiment and is typically a conservative estimate. This figure came is 27% less than what Coinbase earlier traded at within the private secondary market, $343.58 USD per share.

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