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Reuters

Reuters

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Business & Economics

Stablecoin firm Circle scales record high after blockbuster NYSE listing

Reuters
Summary
Nutrition label

77% Informative

Stablecoin issuer Circle Internet's (CRCL) shares climbed 41% to hit a record high on Friday .

The stock touched as much as $117.45 , more than triple its offer price of $ 31 .

NYSE President Lynn Martin said Circle 's IPO was a bellwether for the IPO market this year and not just for crypto listings.

VR Score

88

Informative language

96

Neutral language

13

Article tone

formal

Language

English

Language complexity

60

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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