Coinbase shares slide Tuesday, as crypto play takes double-digit fall from July record
KEY POINTS
Shares of Coinbase slid on Tuesday as the company announced a $2 billion private offering of convertible senior notes.
The crypto-related play is down more than 30% from the high it reached in mid July.
Many analysts are optimistic on Coinbase's long-term prospects, but some have warned that it may be time to take some chips off the table.
