Circle Internet Group Stock Remains in High Demand
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Get a deep dive into Circle's $31 IPO price and valuation ($8.1B fully diluted), covering investor demand for the investment.
Circle's CRCL stock debuted on the NYSE on June 5 when it opened at $69, more than 124% higher than the IPO price of $31. The CRCL stock hit a record high of $138.57 on 9 June as the news of ETF filings flew in. However, the stock closed at $ 107.10 on 10 June, a 7% drop in a day.
Circle ( CRCL, Financials ), the issuer of USDC, saw its shares jump 245% in its debut weekan explosive public market entrance that could set off a wave of crypto IPOs, according to a new report from Bybit.
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Cryptopolitan on MSNWall Street’s ETF machine roars to life after Circle’s IPO sends shares soaringWall Street ETF issuers didn’t waste a second after Circle Internet Group Inc. launched its IPO last Thursday, according to Bloomberg. Within hours of the
Circle goes public as stablecoin adoption and regulation hit a key turning point. Can $CRCL prove resilient if interest income becomes less reliable?
Circle, the issuer of the stablecoin USDC, successfully raised approximately $1.1 billion in an upsized initial public offering (IPO),
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Circle Internet Group, an issuer of stablecoins, is expected to debut on the NYSE this week in a highly anticipated IPO and stock listing.
Circle amended its registration with the U.S. SEC for its IPO, raising its target price range and seeking a valuation of up to US$7.2 billion.
During an April interview, Tether CEO Paolo Ardoino unloaded on competitor Circle and its big Wall Street plans.