Coinbase shares hit record closing high, surging 40% over the past month

Odaily News Coinbase Global (ticker: COIN) shares closed Thursday at their highest level since going public in April 2021. According to The Block's COIN price data, the stock closed at $375.07 per share, up 5.5%. Coinbase shares have been soaring recently, up nearly 24% in the past five trading days alone and 40% in the past month. Coinbase's previous all-time high closing price was $357.39 set in November 2021. The company's market value has soared to $89 billion.