• Trading at $85.18 (-2.61%) during live trading, after a sharp multi-day rebound.
  • Stock remains weighed down by November Q3 earnings reaction, including concerns over rising operating expenses and margin pressure.
  • Prior selloff also tied to worries that USDC growth may be slowing and that future rate cuts could reduce interest income on reserves.
  • Today’s pullback comes as major cryptocurrencies like Bitcoin and Ethereum are down around 3%, pressuring crypto-related names and sentiment.