CRCL is trading at 3.5% up now at $69.28 after rebounding from a sharp multi-day decline that brought shares back to their June IPO debut price of $69. Recent losses were triggered by concerns over lower reserve yields due to potential U.S. interest rate cuts, despite Circle's strong Q3 earnings and net income. The stock had dropped 77% from its summer peak of $298.99 to $69 on November 19, with institutional investors like Ark Invest and major hedge funds buying the dip this week. No new company-specific news has emerged today, but the bounce appears to be a technical recovery and renewed institutional interest following the recent selloff.