Yonhap Infomax NewsFeb 27
Circle Internet Group shares soared over 40% in two days, with analysts attributing the rally to a hedge fund short squeeze rather than strong earnings, despite USDC’s robust growth and rising distribution costs.
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Circle Shares Surge Driven by Hedge Fund Short Squeeze, Not Earnings

Circle Internet Group shares soared over 40% in two days, with analysts attributing the rally to a hedge fund short squeeze rather than strong earnings, despite USDC’s robust growth and rising distribution costs.

Yonhap Infomax