Circle Internet Group, the issuer of one of the world’s biggest stablecoins, priced its initial public offering at $31 per share late Wednesday. That’s above the expected range of $27 to $28 and gives the company a total market value of $6.8 billion. New York-based Circle, its founder and some original shareholders will raise $1.05…
Check out the companies making headlines in midday trading: Tesla — Shares of the electric vehicle company dropped 3% after sales in May declined in several European markets. Reuters reported that Tesla suffered weaker sales in Sweden, France, Spain, Denmark and the Netherlands, but improved in Norway, boosted by the revamped Model Y. Advertising stocks…
Check out the companies making headlines in midday trading. Chinese autos — Chinese auto stocks retreated after BYD said it would lower prices on 22 electric and plug-in hybrid models until the end of June, igniting fears of a fresh price war in the Chinese market. U.S.-traded shares of Li Auto and Nio respectively slipped…
Jim Cramer ran through each holding during the May Monthly Meeting on Wednesday. [title_words_as_hashtags
