Ark Invest buys $5.5 million worth of Circle shares as stock jumps 16% on Q1 earnings

Ark Invest purchased $5.5 million worth of Circle shares after the company's Q1 earnings report, causing Circle's stock to jump 16%. Circle's shares closed at $131.76 on Monday. The stablecoin issuer disclosed its first-quarter 2026 results, leading to the increase in stock price.