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JPMorgan’s Kenneth Worthington says the stablecoin issuer’s stock valuation has been “pushed outside our comfort zone,” so he ...
Analysts initiated coverage of Circle, the company behind USD Coin, with opinions diverged sharply as the stock’s meteoric rise collided with questions about how much growth is already priced in.
Circle is a blockchain infrastructure company best known for ... However, J.P. Morgan and Goldman Sachs pointed to the stock's elevated valuation, given its rapid rise since the IPO. J.P. Morgan ...
The thing that made Bertie go wide-eyed, though, was the estimate for the cost of an average dwelling unit in Mumbai. It was ...
Coreweave’s (CRWV) stock is up 310% since its March 28 IPO while Circle (CRCL) has gained 480% since going public on June 5. “As long as IPOs continue to outperform, investor appetite will remain high ...
Still, the largest contributor to the gains was likely Circle Internet Group, which did not begin trading until June 5. Ark Invest made a pre-IPO investment in the stock, placing just over 3 million ...
Source: JPMorgan “Our price target reflects a substantial premium to the IPO price of $31, but also a substantial discount to the current share price of $180,” the analysts wrote. While seeing Circle ...
The financing comes at a time when Infra.Market is looking to file for an initial public offering (IPO) this year of up to $1 billion, while aiming to control the debt load. High capital expenditure ...
Trump's tariff policies, kicked off by his self-styled "Liberation Day" on April 2, cast a chill over the markets and pushed several deals and initial public offerings (IPOs) into subsequent quarters.
EthCC, Protocol Guild, and Shutter Network are supporting a blockchain “time capsule” that allows users to encrypt memories for $2.5 in ETH. The project was released to commemorate the 10th ...
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