Circle Shares Surge After Bank Charter Approval, While USDC Sheds $3.6B
Circle Internet Group ended Friday up 5.0% after winning final U.S. sign-off for its planned national trust bank. The session didn’t hold all the gains. Shares gave back 68% of the jump between Thursday’s close and Friday’s high to finish at $66.14, down 9.2% from the top. Volume hit 36.7 million shares, close to 2.5 times the 65-day average.