Coinbase Rises, Boeing Higher, Best Buy Falls After Rating Downgrade
On this episode of Stock Movers:
- Coinbase (COIN) shares rise. Cryptocurrency-exposed stocks rose after Bitcoin breached $120,000 for the first time, with investor enthusiasm showing few signs of dimming as the US House of Representatives prepares to consider key industry legislation during its “Crypto Week” starting Monday.
- Boeing (BA) shares edge higher after India's civil aviation authority ordered an inspection of cockpit fuel switches on Boeing Co. 737 and 787 aircraft operating in the country.
- Best Buy (BBY) shares fall after Piper Sandler downgraded the electronics retailer to neutral from overweight.
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