Coinbase to Join S&P 500
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Crypto exchange operator Coinbase Global will join the S&P 500, replacing Discover Financial Services in the broad market index. Shares of Coinbase jumped more than 9% in after-hours trading. Coinbase, which trades on the Nasdaq under the ticker symbol COIN, will be added before trading opens on Monday, May 19, S&P Dow Jones Indices confirmed.
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