Circle Stock Enters Oversold Territory on Earnings Plunge. Should You Buy the Dip?

Circle (CRCL) shares crashed over 10% today even though the company behind the USDC stablecoin came in well ahead of Street estimates in its third financial quarter (Q3). Investors are responding negatively primarily because the management now sees rising operating expenses ahead. More News from Barchart For the full-year, the financial technology firm guided for $495 million to $510 million in operating expenses today versus $490 million top in August. Following the post-earnings slump, Circle stock i ...