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Circle Prices IPO at $31 Per Share, Valuing Stablecoin Issuer at $6.9 Billion
Circle priced its initial public offering (IPO) on Wednesday at $31 per share, above the expected range of $24 to $26. The company sold around 34 million shares in the offering for a valuation of $1.1 billion. Bloomberg pegs the total amount raised in the IPO at $6.9 billion.
Stablecoin company Circle has soared in its market debut. But there are good reasons to not chase the stock at these lofty ...
B y the close of Circle Internet Group’s first trading day on Thursday, June 5, its stock had rocketed to $88, a 180% jump ...
Shares of Circle surged after its debut as a public company, but the crypto player may face headwinds if the Federal Reserve ...
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, ...
The significant surge in Circle’s first-day trading could prompt institutional investors to set higher IPO prices for ...
Circle’s $1 billion IPO marks one of the biggest fintech debuts in years, attracting major backers like SBI and Sigil.
Due to high demand, the stablecoin issuer increased its IPO from a planned 24 million shares. Circle is now worth anywhere ...
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
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