Name: Coinbase (COIN) Announces It Will Lay off 20% Of Staff
Uploaded: 2023-01-10T20:26:15.16
Duration: 7 min 44 s

Kick off the trading day with Oliver Renick as he ties big macro concepts together with stock-specific analysis and trading strategies. This program cuts through the noise and political bias, while helping viewers understand the economy's relationship with markets through numbers, logic and in-depth interviews with fund managers, ETF providers and options traders.&nbsp;

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Wrap up your trading day with Oliver Renick as he gives a live recap of the day's top stories and market movers, then look ahead to tomorrow's expectations and upcoming events.

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Instead of sitting on the sidelines, take control of your financial future by watching Your First Trade. Hosts Ben Watson, Coaching Sr. Manager, TD Ameritrade Inc. and Pat Mullaly, Coaching Sr. Manager, TD Ameritrade Inc.&nbsp;take you on an educational journey where you can discover fundamental trading concepts and how to navigate the thinkorswim platform from TD Ameritrade Inc., member FINRA/SIPC, a subsidiary of The Charles Schwab Corporation. Your First Trade program content is presented by TD Ameritrade, Inc. a broker/dealer, for educational purposes only.

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Coinbase (COIN) stock is up today as it announced it will be laying off 20% of its staff. Alex Coffey and Jenny Horne discuss this COIN news. They talk about how COIN is also reducing its operating costs by 25%. They go over how COIN sees booking charges of $149M-$163M to cover restructuring, as well as sees 2022 adjusted EBITA within negative $500M loss range provided in November. Alex then demonstrates an example trade using COIN. The trade type is buy a call calendar and the direction is bullish. Tune in to find out more about the stock market today.

Coinbase (COIN) Announces It Will Lay off 20% Of Staff

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