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Just In: ARK Invest Purchases $373M Circle Shares on IPO Day

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Summary
Nutrition label

64% Informative

Cathie Wood’s ARK Invest has poured $373.4 million into Circle during the stablecoin issuer's debut on the New York Stock Exchange .

The massive investment comes on Circle 's IPO on the NYSE .

While the Circle stock opened at $ 69 , up 123% from the IPO price, it skyrocketed nearly 200% , reaching a peak of over $96 on its first day .

VR Score

46

Informative language

36

Neutral language

5

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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