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Several Wall Street analysts on Monday launched coverage of Circle Internet Group, following the stablecoin issuer's initial ...
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Investor's Business Daily on MSNCircle Stock Round-Trips 22% Rally As Analyst Cuts Stablecoin IPO To SellRed-hot stablecoin IPO Circle Internet GroupCRCL fell sharply Tuesday, continuing a recent retreat as an analyst downgraded Circle stock to sell. Shares have round-tripped a recent aggressive ...
Circle's latest S-1 filing reveals just how expensive it is to be Coinbase’s best friend. Distribution and transaction costs surged 68.2% year-over-year in Q1, outpacing revenue growth.
JPMorgan’s Kenneth Worthington says the stablecoin issuer’s stock valuation has been “pushed outside our comfort zone,” so he ...
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Circle raises its IPO funding goal to $896M - MSNCircle and its shareholders have increased the size and price of the company’s initial public offering, reflecting the apparent interest that investors have shown in owning a part of the USDC ...
Circle and some of its shareholders sold 34 million shares at this price. Shares then opened at $69, more than double the IPO price, and closed the first day at $83.23.
On June 5, Circle's shares opened approximately 124.19% higher than the IPO price of $31, debuting at $69. Initially, the shares were set to start trading somewhere between $50 and $52 — a pop ...
Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 ...
Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...
Circle Internet Group has filed for an IPO on the New York Stock Exchange. The company is offering 24 million class A shares, with 9.6 million from the firm and 14.4 million from stakeholders.
At its IPO price of $31 a share, Circle's market capitalization would be about $7 billion based on 225.34 million shares outstanding, if underwriters exercised their option to buy additional shares.
In the social network's massive 2012 IPO, which raised a then-record $16 billion, 57% of the shares were sold by existing stakeholders. Circle is even higher at 60%.
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