Circle (CRCL) Stock Hits New High, Surging 434% From Its IPO Price
The price of Circle (CRCL) jumped to a new all-time high on June 16, reaching as high as $165.60 while closing at $151.06—marking a gain of 13.10% for the day.
The surge comes hardly two weeks after Circle’s debut on the New York Stock Exchange (NYSE) on 5 June. Its price has surged by a staggering gain of 434% from the listing price of $31 on the launch.
These spikes align with the emerging demand for crypto-related projects from traditional investors. With the grand IPO, which put Circle’s valuation soaring to nearly $7 billion, CRCL stock made history as it popped the highest gain in its first trading session.
As per Yahoo Finance data, Circle Internet Group (CRCL) stock opened and closed at $145.88 and traded as high as…
