Circle, Coinbase Rise in Pre-Market; Gain Despite Bitcoin Decline

QCOM -2.88% JPM +0.40% AMD -8.10% DLTR +4.43% ROL +5.56% 2 more

1. 1Clear Street lowered its price targets for Circle (CRCL) and Coinbase (COIN) but maintained a 'Buy' rating on both.
2. 2Circle's price target was cut from $157 to $128, and Coinbase's from $244 to $225; meanwhile, Cathie Wood's ARK Invest added roughly 130,136 CRCL shares across three ETFs.
3. 3Despite bitcoin falling more than 1% over 24 hours and defending the $65,000 level, both stocks traded higher in pre-market.

Source USA TODAY +2 · View original ↗

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