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IPO stocks like Circle and CoreWeave have highlighted a revived U.S. IPO market. But can the rebound in valuations last?
Circle Internet Group, Inc. (NYSE:CRCL) shares are trading over 7% higher Monday, extending a rally of more than 85% over the ...
Circle Internet Group, Inc. (NYSE:CRCL) has become one of the most polarizing stocks on Wall Street since its blockbuster IPO ...
Crypto company Circle ripped through the New York Stock Exchange on June 5, launching what has become the loudest comeback ...
IPO, with rate-driven earnings, limited diversification and the GENIUS act. Read why CRCL stock is a strong sell.
Stablecoin firm Circle is applying to create a national trust bank in the U.S., a major move after its blockbuster IPO valued ...
Circle’s reserve income — derived mostly from interest on the Treasuries backing USDC — rose 55.1% to $557.9 million in Q1. But that income stream is expected to drop as interest rates fall.
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.
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 ...
But before we get into why Circle’s IPO is forcing a recalibration on Wall Street, let’s first start with some facts: Circle priced shares at $31 in its IPO on Thursday.
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 ...