Wall Street, IPO and Circle
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CoreWeave saw a massive rally following its late March debut and Circle I burst onto the scene last week with its successful IPO.
Circle's (CRCL) stock surged for a third day in a row on Monday following its blockbuster IPO last week. Shares of the stablecoin issuer jumped as much as 15% before paring gains to close at $115 per share,
In this photo illustration, the Circle Internet Group logo is seen displayed on ... More a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images
More gains are in store for stablecoin issuer Circle (NYSE:CRCL) following a strong IPO debut this past Thursday. After pricing shares at $31, the stock more than doubled in its first day of trading,
BitMEX Research suggests Circle's post-IPO rise and treasury-backed model could make it a safer, more profitable play than MicroStrategy.
Circle's stock soared to a record high of $138.57 on its third trading day, following a successful IPO at $31 per share. Institutional interest remains strong, with SBI Holdings investing $50 million and ARK Invest purchasing 4.48 million shares. ProShares and Bitwise also show interest in launching CRCL-related ETFs.