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Coinbase Stock Is Falling. Its Super Bowl Ad Was Too Successful.

Dreamstime

Sometimes it’s possible for an advertisement to be too successful—and Coinbase stock is paying the price.

Coinbase Global (ticker: COIN) ran an ad during the Super Bowl that included a QR code that would send viewers to its website. While some have criticized the ad as being confusing, apparently enough viewers understood it—and its offer for $15 in free Bitcoin just for signing up—that the company was forced to slow down traffic to its website.

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