US stock market report: Coinbase IPO, LVMH smashes expectations
US sharemarkets fell from record highs overnight. The Coinbase (NASDAQ:COIN) IPO and LVMH stock are in focus.
Coinbase Global Inc (NASDAQ: COIN) is a cryptocurrency platform that allows its more than 50 million strong customer base to trade a range of cryptocurrencies, including bitcoin, ethereum and litecoin.
Coinbase debuted on the Nasdaq in April 2021 at an offer price of US$250 per share.
US sharemarkets fell from record highs overnight. The Coinbase (NASDAQ:COIN) IPO and LVMH stock are in focus.
Inside the S&P/ASX 200 (INDEXASX:XJO), Westpac Banking Corp (ASX:WBC) share price and EML Payments Ltd (ASX:EML) share price are in focus.
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