#CircleIPO Circle's shares rise more than 174% above its IPO price of $31 in its debut

Circle began its first trading day with a price of $69, surpassing previous price discovery predictions. The company went public at $31, expecting to open at $44 for a much smaller premium.

Circle's shares increased during its debut on the NYSE, rising to $69 in early trading. The company, which went public with the ticker $CRCL, even briefly climbed to $84.92, more than 174% above its IPO price of $31. Shortly after trading began, excessive volatility led to a trading halt after triggering an upper limit brake. Early traders reported the inability to buy shares as the price surged in minutes.