Circle stock reverses 7% rally after mixed Q2 results
Circle stock reverses 7% rally after mixed Q2 results
Circle reported $701 million in revenue, missing Wall Street’s $717 million estimate.Earnings per share reached $0.18, narrowly beating the $0.17 consensus.Mizuho maintained its Underperform rating and $45 price target on CRCL.CRCL trades near critical support at $58.04 as bearish momentum persists.