Coinbase Stock Jumps. It's Joining the S&P 500 in Crypto Milestone. - Barron's

1. Coinbase to join S&P 500 on May 19, a major industry milestone. 2. Shares surged 10% premarket as institutional ownership increases. 3. Oppenheimer raised COIN price target to $293 from $269. 4. Anticipations of a crypto-friendly Trump administration boost market sentiment. 5. Volatile crypto prices present risks despite increased demand.