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Stocks making the biggest moves premarket: Coinbase, DoorDash, Poshmark and more
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cnbc.comIn this article
Check out the companies making headlines before the bell:
Coinbase (COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion.Monthly transacting users declined from the previous quarter at 7.4 million but grew from the prior year.
Poshmark (POSH) — Poshmark shares plunged more than 31% in early morning trading after the online marketplace reported quarterly financial results. The company posted a loss of 9 cents per share on revenue of $79.7 million. Analysts surveyed by Wall Street expected a loss of 7 cents per share versus $82.7 million. Poshmark
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