๐จ Coinbase Stock Rebounds 7% Amid Cyberattack & SEC Probe
โ ๏ธ After a sharp drop on May 15 due to a damaging cyberattack and ongoing SEC investigation, Coinbase ($COIN) bounced back with a 7% rebound in May 16's session โ just days before its highly anticipated S&P 500 debut.
๐ As the worldโs largest publicly listed crypto exchange, Coinbase continues to show resilience under pressure. This rebound signals market confidence despite regulatory and security headwinds.