Shares of Circle Internet Group soared as much as 235% after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering. The stock opened at $69.50 on the New York Stock Exchange after its IPO priced at $31. At one point, it traded as high as $103.75. The New York-based company priced its IPO late Wednesday, far above this week’s expected range of $27 to $28 and an initial range last week of between $24 and $26, valuing the company Thursday at some $6.8 billion before trading began. Circle joins Coinbase , Mara Holdings and Riot Platforms as one of the few pure-play ... (full story)