These 10 Stocks Are Flying High

7. Circle Internet Group (NYSE:CRCL)

Circle Internet surged by 10.66 percent on Wednesday to close at $117.20 apiece as investor sentiment was buoyed by the successful raising of $1.1 billion in fresh funds through an upsized initial public offering (IPO).

Circle Internet Group (NYSE:CRCL), a newly listed cryptocurrency company, said in a statement that its underwriters have fully exercised the option to purchase 5.1 million of its shares, bringing its total proceeds to $1.1 billion.

In just five days of being a publicly listed company, Circle Internet Group’s (NYSE:CRCL) share price already surged by as high as 289 percent after hitting $120.49 at intraday trading on Wednesday.

Circle Internet Group (NYSE:CRCL) joined Coinbase, MARA Holdings, and Riot Platforms in the US stock exchange’s few pure-play cryptocurrency companies.

“We’ve been one of the most licensed, regulated, compliant, transparent companies in the entire history of this industry, and that’s served us well,” said Circle Internet Group (NYSE:CRCL) CEO Jeremy Allaire in an interview with CNBC.