What is up with Coinbase stock (COIN)? ARKK sells it and bad press all over but that thing is shooting up today. Any thoughts? Note: I tried googling but couldn’t find anything positive

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My guess: People moving up the risk spectrum on the expectation that the Fed pivots on interest rates due to slowing economic growth. Seems like all high-risk growth names are popping a bit today.

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Yeah, this. Cannabis companies are up even more than COIN

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It's just people's sentiment of the long-term prospects of the stock changing so much. Probably because the stock is so new and the market is just figuring out what the heck is going on with this company will all the deleveraging that's been going on with crypto

Ok, it’s the blackrock deal.

Thanks, everyone

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