🔴 CONY is trading 4.03% down in pre-market after Coinbase revenue miss

CONY is trading at $16.20 (-4.03%) in pre-market, with pressure linked to Coinbase results and broader crypto-market weakness.

• Coinbase’s Q3 revenue was $1.20 billion, below analysts’ $1.233 billion estimate, despite earnings of $2.51 per share.
• Reuters reported Bitcoin and ether fell after Binance disclosed a major security breach; Coinbase shares slid 4.8% in extended trading.
• No CONY-specific announcement was identified.