Circle Internet Group Inc.’s stock is way too high after the initial public offering last month of the USDC stablecoin issuer yielded a nearly 10-fold return at its height, an analyst said Tuesday.
Circle Internet Group is the premier digital dollar play, but the stock is overheated and trades at a steep 90x earnings multiple. Q2 results showed strong top-line growth, but profitability concerns ...
CHONGQING, CHINA AUGUST8: In this photo illustration, a smartphone displays the logo of Circle Internet Group Inc. (NYSE:CRCL), a major fintech firm and issuer of the USDC stablecoin, in front of a ...
Circle Internet Group (NYSE:CRCL) stock has experienced a challenging month, decreasing by approximately 40 percent and currently trading around $76. This is a significant adjustment, but it’s ...