Circle Internet Group shares slip after 16% Thursday rally
Circle Internet Group (CRCL) edged lower Friday as investors took profits after a sharp rally. The stock jumped 16% Thursday and is up 63.21% over the past month.
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Circle Internet Group (CRCL) edged lower Friday as investors took profits after a sharp rally. The stock jumped 16% Thursday and is up 63.21% over the past month.
U.S. stocks rose broadly after Fed Governor Christopher Waller signaled he could support leaving rates on hold this month, while traders pared September hike odds to about 50% from 70% earlier in the week.
Hammerstone MarketTalk reports it raised its price target on CRCL to $92 from $69, citing a catalyst roadmap into year-end; no specific catalyst details were provided.
Walmart falls 9.4% after reporting adjusted EPS of $0.81 and revenue of $187.9 billion that topped consensus, while U.S. comparable sales rose 2.6% versus 3.8% expected and the company lifted full-year adjusted EPS guidance to $2.80-$2.87.
TD Cowen raises CRCL price target to $87 from $82
U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Friday. Shares of Equipmentshare.Com Inc (NASDAQ: EQPT ) rose sharply after the company raised its FY26 revenue guidance. Also, the company authorized a $500 million share repurchase program. EquipmentShare now expects annual revenue of $5.25