Circle's Q2 Results Beat Estimates: So Why Is CRCL Stock Selling Off?
Circle stock falls 4% despite an earnings beat as Mizuho flags weaker USDC trends, lower margins and slowing transaction volume.
Circle made more money than people expected, which is usually good news—but some analysts noticed their main business is slowing down and making less profit per sale. This shows that beating one test doesn't mean everything is going great, so it pays to look at the whole story.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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