Circle stock erased an early 7% rally and fell nearly 3% after mixed second-quarter results and renewed concerns about weaker USDC activity and shrinking margins. Circle earnings beat on profit but miss on revenue Circle Internet Group reported mixed results…
Circle stock gained on Thursday after Bernstein reiterated its Outperform rating and $140 target, arguing that the stablecoin issuer’s mixed second-quarter results challenged the bearish case against the company. Bernstein argues Circle’s results challenge bears Bernstein analysts led by Gautam…