Circle stock surges 15% after strong earnings, $222M ARC token presale fuels stablecoin optimism
Circle shares rallied nearly 16% on Monday, closing at $131.76 after the company reported better-than-expected first-quarter earnings and disclosed a $222 million presale of its ARC token. The surge brought the stock closer to Wall Street’s consensus price target of $138.50, as analysts pointed to expanding stablecoin use cases and growing institutional adoption as key […]
