Circle Internet Group Inc. stock price reaches $115 on NYSE debut, up 25% in 24 hours.

From Yahoo Finance: 2025-06-06 18:55:00

Circle Internet Group Inc. (NYSE: CRCL) saw its stock price hit $115 on the second day of its NYSE debut, marking a 25% increase in 24 hours. This surge followed a remarkable IPO where shares opened at $69, 124.19% above the IPO price of $31. Fueled by strong demand, Circle raised $1.1 billion through its public offering, increasing the number of shares sold from 24 million to 34 million. Major financial institutions like J.P. Morgan and Citigroup underwrote the IPO, with interest from BlackRock further boosting enthusiasm. ARK Invest also purchased 4.48 million shares of CRCL for $373 million. Circle’s success coincides with a resurgence of interest in stablecoins, with Big Tech eyeing integrations.



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