Twitter Inc (NYSE: TWTR) founder and CEO of Block Inc (NYSE: SQ) Jack Dorsey equated rival Coinbase Gobal, Inc (NASDAQ: COIN) with a casino on Wednesday.
Dorsey was responding to a tweet by River Financial CEO Alexander Leishman. The latter said that Coinbase was becoming a “prime acquisition target.”
nah it’s a casino
— jack (@jack) May 12, 2022
Coinbase stock fell sharply by 26.4% to $52.72 on Wednesday and slipped another 2.55% in the after-hours trading to $52.35. Leishman’s comments on the company being a takeover target seemed to have …
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