NEW YORK, USA – Coinbase Global Inc (NASDAQ: COIN) shares ended the trading week on a high note, posting significant gains and continuing the rally in after-hours activity. The cryptocurrency exchange’s stock closed the official trading session on April 22nd precisely at $190.00 USD.
This closing figure represented a robust increase of +$15.00 per share, translating to a substantial +8.57% jump for the day. The bullish momentum showed no signs of fading after the market close, fueling further optimism among investors.
The day’s trading saw COIN open well above its previous close of $175.00, starting at $178.79. Despite dipping to a low of $178.40, strong buying interest propelled the stock to an intraday peak of $193.49 before it settled at the $190.00 closing mark.
Indicating persistent demand, Coinbase shares climbed even higher in the extended trading session. As of 7:59 pm GMT-4, the stock was changing hands at
5.97 (+3.14%) to its value. This sustained climb after the bell points towards strong market sentiment carrying into the next trading period.
With a current P/E ratio of 20.05, Coinbase does not offer a dividend yield. Friday’s performance significantly lifts the stock from its 52-week low of $142.58, although it remains well below the 52-week high of $349.75. Traders are now closely monitoring whether COIN can maintain this upward trajectory.
