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Coinbase shares hit record closing highs, soaring 40% in the past month

Online reported that Coinbase (ticker code: COIN) shares closed on Thursday at their highest level since it went public in April 2021. According to The Block's COIN price data, the stock closed at $375.07 per share, up 5.5%. Coinbase's share price has soared recently, rising nearly 24% in the past five trading days alone, and 40% in the past month. Coinbase's previous record high was $357.39 set in November 2021. The company's market value has soared to $89 billion.

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