Jim Cramer on Circle Internet: “On Paper, This One’s a Standout”
Circle Internet Group (NYSE:CRCL) is one of the stocks Jim Cramer talked about. Cramer highlighted the stock’s gain to nearly $300 post-IPO. The Mad Money host commented: “Alright, let’s start with Circle Internet Group. Let me explain how this works. This is a stablecoin issuer. On paper, this one’s a standout. It’s up 160% from where it came public. But Circle’s IPO priced at $31, and then it opened at $69, then zoomed all the way to $299 in less than 3 weeks after it came public. Ever since, the stock’ ...