Coinbase (COIN) Surges 10%

Coinbase (NASDAQ: COIN) is seeing notable strength Monday, with shares up 10.4%. Gains could come as Elon Musk's SNL appearance could support wider cryptocurrency adoption. However, Coinbase doesn't support Musk-favorite Dogecoin trading at this time.

In addition, the company reports earnings on Thursday, May 13th.

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