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Business & Economics

Circle’s shares spike 123% in NYSE debut — valuing crypto giant at $18B

New York Post
Summary
Nutrition label

74% Informative

Shares of Circle Internet Group’s stock surged 123% above their initial offer price on Thursday .

It is the second -largest public listing by a crypto firm.

The successful debut could nudge other crypto companies to explore IPOs.

Circle is best known as the issuer of USD Coin , which is pegged one -for-one to the US dollar.

VR Score

75

Informative language

75

Neutral language

26

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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