reply guys

admff492: Thoughts on the Circle IPO and How it Traded on the Break.

Takeaways:

> Circle’s IPO was 25x oversubscribed, but padded orders distorted real demand.

> CRCL priced at $31 but surged to $96, leaving ~$14B on the table.

> Bookrunners couldn’t raise the price without risking collapse of the deal.

> Insiders sold, but no new shares were issued, limiting liquidity and shorting.

> The allocation process was chaotic, and underpricing angered long-time holders.

Source:

My thoughts on the Circle IPO and how it traded on the break.

CyHro - CEO of Sentora

admff492: Thoughts on the Circle IPO and How it Traded on the Break.

Takeaways:

> Circle’s IPO was 25x oversubscribed, but padded orders distorted real demand.

> CRCL priced at $31 but surged to $96, leaving ~$14B on the table.

> Bookrunners couldn’t raise the price without risking collapse of the deal.

> Insiders sold, but no new shares were issued, limiting liquidity and shorting.

> The allocation process was chaotic, and underpricing angered long-time holders.

Source: https://x.com/admff492/status/1930992477877539213