Circle stock price: Why the crypto company is soaring over 25% today
The crypto market got some good news on Wednesday morning, as Circle reported better-than-expected earnings numbers, sending its stock soaring.
Circle, a fintech company that issues and regulates stablecoins, among other things, reported fourth-quarter and full fiscal year 2025 earnings early Wednesday, which showed that total revenue grew 77% to $770 million during the fourth quarter, and net income for the quarter increased by $129 million. Adjusted EBITDA also grew 412% during the quarter. For the full year, total revenue grew 64% to $2.7 billion.
In response, Circle shares took off, skyrocketing more than 15% during pre-trading. By midday Wednesday, the stock was up over 25%.
Notably, the stock is down roughly........
