Coinbase Stock Pops After S&P 500 Announces Addition

May 13, 2025

Following the announcement by the S&P 500 that Coinbase's stock will be added to its index on May 19, COIN shares surged 8% in after-hours trading, reaching $225 per share. This move comes as Coinbase is set to replace Discover Financial Services on the S&P 500 index.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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