{"id":26429,"date":"2025-05-13T01:31:34","date_gmt":"2025-05-13T01:31:34","guid":{"rendered":"https:\/\/dogewisperer.com\/coinbase-stock-jumps-nearly-11-after-hours-monday-heres-why\/"},"modified":"2025-05-13T01:31:34","modified_gmt":"2025-05-13T01:31:34","slug":"coinbase-stock-jumps-nearly-11-after-hours-monday-heres-why","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26429","title":{"rendered":"Coinbase Stock Jumps Nearly 11% After-Hours Monday: Here&#8217;s Why"},"content":{"rendered":"<div>\n<p><strong>Coinbase Global Inc.<\/strong>\u00a0(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>), the largest U.S. crypto exchange,\u00a0is set to join the\u00a0<strong>S&amp;P 500<\/strong>, replacing\u00a0<strong>Discover Financial Services<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/DFS#NYSE\">DFS<\/a>) in the\u00a0benchmark index, according to a Monday announcement.<\/p>\n<p><strong>What Happened<\/strong>:\u00a0The inclusion of Coinbase in the S&amp;P 500 will become effective before trading begins on May 19, according to a press release shared by <strong>S&amp;P Dow Jones Indices<\/strong>.<\/p>\n<p>With this, Coinbase becomes the first company with cryptocurrency as its core business to enter the coveted index that holds some of the most valued stocks in the world, including <strong>Microsoft Corp.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSFT#NASDAQ\">MSFT<\/a>) and <strong>Apple Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/AAPL#NASDAQ\">AAPL<\/a>).<\/p>\n<p>Coinbase\u00a0went public on April 14,\u00a02021, through a direct listing\u00a0on the Nasdaq under the\u00a0ticker COIN. The company boasted a market capitalization of nearly $53 billion &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/05\/45365186\/coinbase-stock-jumps-nearly-11-after-hours-monday-heres-why\" alt=\"Coinbase\" stock jumps nearly after-hours monday: here why>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Global Inc.\u00a0(NASDAQ:COIN), the largest U.S. crypto exchange,\u00a0is set to join the\u00a0S&amp;P 500, replacing\u00a0Discover Financial Services (NYSE:DFS) in the\u00a0benchmark index, according to a Monday announcement. What Happened:\u00a0The inclusion of Coinbase in the S&amp;P 500 will become effective before trading begins on May 19, according to a press release shared by S&amp;P Dow Jones Indices. With [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-26429","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26429"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26429\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}