Circle Stock Gives Back Its Earnings Pop as Arc Ambition Meets Rate Reality
Circle Internet Group shares slid by late morning Tuesday, erasing an earlier pop after earnings. CRCL was changing hands at $125.05 as of 11:49 a.m. EDT, off roughly 5.1% from where it ended Monday. The stock had climbed to $139.63 before dropping to $122.20. In short: a quick rally gave way as traders reassessed the revenue and interest rate numbers.