AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Circle Stock Plunges 6.06% as ARK Invest Trims Holdings
Generated by AI AgentAinvest Pre-Market Radar
Tuesday, Jun 24, 2025 8:32 am ET1min read
On June 24, 2025, Circle's stock experienced a significant drop of 6.06% in pre-market trading, sparking concerns among investors about the company's recent performance and future prospects.
ARK Invest, a prominent investment firm led by Cathie Wood, has been actively reducing its holdings in
. The firm's flagship fund, the ETF, sold approximately 495,000 shares, decreasing its portfolio allocation by about 1.8%. This move follows a series of large-scale sales by Invest, including the offloading of 415,844 shares and another batch worth $243 million. These sales come after Circle's stock surged by 400%, indicating that ARK Invest is taking profits from its significant gains.Despite Circle's recent market capitalization growth, which has brought it closer to that of major players like Robinhood and Coinbase, the sales by ARK Invest suggest a cautious outlook. The firm's decision to trim its stake in Circle, along with other recent sales, may reflect concerns about the sustainability of the company's growth or broader market conditions.
Ainvest Pre-Market Radar
Get the scoop on pre-market movers and shakers in the US stock market.
Latest Articles
Tesla Inc. (TSLA) drops 4.62% as California DMV demands revised autonomous driving branding
Dec.18 2025
Terrestrial shares plunge 12.58% after restating Q3 earnings due to project delays
Dec.18 2025
Oracle shares plunge 5.40% as Blue Owl exits Michigan data center financing
Dec.18 2025
Alphabet Inc. Class C shares fell 3.14% in pre-market trading as regulatory scrutiny and sector pressures weigh
Dec.18 2025
Nvidia shares fell 3.82% as broader tech sentiment wanes amid AI infrastructure financing concerns.
Dec.18 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet