Cathie Wood’s ARK Invest aggressively buys the dip in Circle’s recent slumps, seeing a long-term opportunity over short-term losses. Circle Internet Group, based in New York, is a fintech issuing USD Coin, the world’s second-largest stablecoin, that relies on reserves for income. Circle beat Q3 earnings, with revenue climbing 66% YoY to $740 million, and net income more than tripling. Despite a recent stock selloff, analysts are optimistic, with price targets implying 2x upside. Circle faces risks from regulation and competition but remains a key player in the digital payment shift.

Read more at Barchart: Cathie Wood Is Buying the Dip in Circle Stock. Should You?