3 Reasons to Hold Circle Stock Despite Its 59% Plunge in 6 Months
Key Takeaways Circle shares have plunged 59% in 6 months amid higher expenses, margin pressure and regulatory uncertainty.CRCL benefits from surging USDC adoption, with circulation doubling year over year and revenues up 66%.Circle is diversifying beyond reserve income as Other revenues grow and the Arc platform develops.Circle Internet Group (CRCL) shares have plunged 59.1% over the past six-month period, sharply underperforming the Zacks Finance sector’s growth of 7.7% and the Zacks Financial- Miscellaneo ...