$Circle Internet Corp.(CRCL)$ $Circle (CRCL.US)$ typical sell on news. big boys bought at 80-120. they just want to get rid so they can move on. volume has been thin and today they have massively unloaded.
insiders know it best@ARKK Investment Tracker
Circle Dumping Risk? Cash Out at $150 or Time to Bottom?
Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock.
Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago.
Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Great article, would you like to share it?