Coinbase Stock Jumps As Crypto Exchange To Join S&P 500, Replacing Discover Financial


Coinbase Global (COIN) will join the S&P 500 index before the open on Monday, May 19. COIN stock jumped in late trading. The cryptocurrency exchange will replace Discover Financial (DFS), which is being acquired by Capital One (COF). The deal is expected to close soon. Coinbase stock bounced 9% in late trade, signaling a move to just above the 200-day…



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