Circle Internet (CRCL) drops 10.79% after profit-taking, despite surge post-market debut

From Yahoo Finance: 2025-06-26 14:06:00

Circle Internet Group (NYSE:CRCL) saw a 10.79% drop on Wednesday, closing at $198.62 per share due to profit-taking after a significant rally post-market debut. Since going public, CRCL has surged by 864%, hitting a peak of $298.99. It gained momentum from Senate approval of Stablecoins bill and partnerships with tech giants. Seaport Global issued CRCL its first “buy” recommendation following Senate approval for wider Stablecoin use. Retail giants Amazon and Walmart, along with Shopify, are adopting CRCL’s USDC Stablecoin for payments and order fulfillment. CRCL partnered with Ripple and World for blockchain integration. While CRCL shows potential, other AI stocks may offer better returns. No promotional content included.



Read more at Yahoo Finance: Circle Internet (CRCL) Gives up Sharp Gains as Traders Take Profits