BUSINESSCOINDESK
Circle shares jump as earnings beat offsets revenue miss, Arc blockchain gains Wall Street backing
Circle's shares increased due to higher-than-expected earnings despite missing revenue targets, while Arc blockchain received support from Wall Street.
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Adjacent reporting
- Morning Minute: Circle Stock Soars After Q1 Beat, $222M Arc Raise
- Circle (CRCL) beats earnings estimates but misses on revenue amid $222 million Arc raise
- Circle Raises $222M for Arc Blockchain at $3B Valuation
- Circle Raises $222M in Arc Token Presale at $3B Valuation
- Ark Invest buys $5.5 million worth of Circle shares as stock jumps 16% on Q1 earnings
- Circle raises $222M in Arc token presale at $3B FDV from a16z crypto, BlackRock and others; Q1 revenue up 20%