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Stock impact report

Is Circle Internet Group (CRCL) Pricing In Too Much Hype After Its NYSE Listing? [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
If you are wondering whether Circle Internet Group at around US$71.33 is starting to look interesting or still feels expensive, you are not alone in asking whether the recent price reflects its underlying value. The stock has recently pulled back, with a 7 day return of 9.3% decline, a 30 day return of 13.7% decline, and a year to date return of 14.5% decline, which may change how you think about its growth potential and risk. Recent news around Circle has focused on its role behind the USDC stablecoin and its listing on the New York Stock Exchange under the ticker CRCL. This has put the company in the spotlight as one of the few pure plays tied to a major dollar backed stablecoin. Coverage has also highlighted how its public listing gives investors a more direct way to gain exposure to a key piece of crypto market infrastructure. On Simply Wall St's 6 point valuation framework, Circle Internet Group currently scores 1 out of 6 . We will look at what different valuation methods Show less Read more
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