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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Circle Internet (CRCL) Books Double Digit Gains on $1.1 Billion Fresh Funds

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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70% Informative

Circle Internet Group ( NYSE :CRCL) surged by 10.66 percent on Wednesday to close at $ 117.20 apiece.

The newly listed cryptocurrency company said in a statement that its underwriters have fully exercised the option to purchase 5.1 million of its shares, bringing its total proceeds to $1.1 billion .

In just five days of being a publicly listed company, CRCL 's share price already surged by as high as 289 percent after hitting $ 120.49 at intraday trading on Wednesday .

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60

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53

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20

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formal

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English

Language complexity

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Time-value

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Source diversity

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