COIN stock fell from $259.78 at S&P 500 entry to $189.44 a year later amid broader crypto market declines.
Coinbase Global (COIN) shares have declined 25% since joining the S&P 500 on May 19, 2025, when the stock opened at $259.78. The company reached an all-time high of $444.65 on July 18, 2025, but a market flash crash in October 2025 triggered a prolonged downturn.
The stock fell to as low as $139.36 on February 12, 2026, reflecting broader volatility in the crypto sector. Coinbase’s stablecoin and prediction market businesses, key revenue drivers, have faced regulatory and industry headwinds.
Despite its inclusion in the benchmark index, COIN has struggled to regain momentum, closing at $189.44 on May 18, 2026, underperforming the broader market.