Circle pops over 175% in market debut as sleepy IPO market heats up

Good things come to those who wait. Circle, which tried to go public four years ago but had to call off its deal, finally listed its stock on the New York Stock Exchange on Thursday at an opening price of $69—and promptly saw shares pop to an intra-day high of $103.75. That jump amounted to a 175% increase, though by mid-day Circle was trading around $89 a share—which values the company close to $23 billion.

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