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Stock impact report

Why Circle Internet Group Stock Crushed it on Monday [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
Many cryptocurrency skeptics like to point to what they consider the lack of utility of such assets. One person who would disagree with that, at least in the case of Circle Internet Group 's (NYSE: CRCL) chosen stablecoin, is Clear Street analyst Owen Lau. On the back of increased demand for USDC , Lau upgraded his recommendation on its No. 1 adopter on Monday. In response, market players eagerly snapped up Circle's stock, sending it more than 9% higher on the day. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Virtuous Circle The analyst changed his recommendation on Circle from hold to buy and raised his price target significantly -- it's now $136 per share, up from $92. Image source: Getty Images. According to reports, Lau's changed opinion is based on his observation that USDC is becoming notably m Show less Read more
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