Stocks on the move: Coinbase crashes while GitLab and crypto rally

1 min read
Source: MarketWatch
Stocks on the move: Coinbase crashes while GitLab and crypto rally
Photo: MarketWatch
TL;DR Summary

Thor Industries and Winnebago Industries stocks rose after Thor reported better-than-expected earnings and raised its full-year outlook. GitLab shares surged following an earnings report that beat expectations. Coinbase shares tumbled after the SEC charged the cryptocurrency exchange with operating an unregistered national securities exchange. Apple's stock fell after mixed reactions to its mixed-reality headset unveiling. Merck & Co. filed a lawsuit against the federal government over the Medicare drug price negotiation program.

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