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Circle pops over 175% in market debut

Circle rockets 124% at open as IPO demand goes wild

Circle Internet Group Inc. is set for a public debut, with shares set to start trading somewhere between $50 and $52 — a pop of more than 60% beyond its IPO price, which is set at $31. However, no official confirmation has been issued yet.

Fortune on MSN · 20h

Circle pops over 175% in market debut as sleepy IPO market heats up

That jump amounted to a 175% increase, though by mid-day Circle was trading around $89 a share—which values the company close to $23 billion. Circle is a leading U.S. crypto firm that issues the stablecoin USDC.

Reuters on MSN · 20h

Circle shares triple in NYSE debut lifting IPO market rebound hopes

By Arasu Kannagi Basil and Hannah Lang (Reuters) -Stablecoin issuer Circle Internet's shares more than tripled in their debut on the New York Stock Exchange on Thursday, firing up the IPO market that has struggled to regain momentum.

20hon MSN

With margin for error thin in Cup Final, Panthers need to regroup after Game 1 overtime loss

The Florida Panthers know the margin for error at this point is thin, if not non-existent. Any mistake can be costly in the ...

The Motley Fool6d

An Extremely Profitable Business Plans to Go Public. What Investors Need to Know.

Circle is a stablecoin issuer, and this business model can actually be extremely profitable. The costs to operating a stablecoin system are relatively low. Meanwhile, the stablecoin issuer needs ...

CCN on MSN20d

What Is Circle Really Worth? Experts’ Outlook on Whether Ripple’s $5B Bid Hit the Mark

Key Takeaways Ripple’s rumored $5 billion bid for Circle has revived debate over the stablecoin issuer’s real value. Circle pays over 50% of its revenue to Coinbase for USDC distribution, weighing ...

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