Circle stock surges nearly 500%, analyst discusses Perform rating

Circle shares have surged nearly 500% above their recent Blockbuster IPO price on June 5th, fueled by the Senate's passage of the Genius Act, regulatory framework for stable coins. Financial services company is in focus today after a slew of analysts initiated coverage on Circle. And join me now is Owen Laauo, Oppenheimer D executive director and senior analyst who has a market perform rating on Circle and says to expect total stable coin market cap to grow to 1.6% 6 trillion in 2025.Owen, it's good to see ...