Circle shares rose 16% to $131.76 on Monday, their highest closing price since March 18. Ark Invest bought $5.5 million worth of shares in Circle (CRCL) on Monday as the stablecoin developer's stock pumped following its first-quarter earnings report. The shares closed 16% higher at $131.76, the highest closing price since March 18, after the company posted estimate-beating earnings per share of 21 cents. The CRCL purchase is Ark's first since March 24, when it bought $16.3 million wor…
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