The violent move had more to do with hedge funds' overcrowded bearish positioning getting wiped out than the companys financial performance, one analyst pointed out.
Circle's post-earnings surge nears 50% as short squeeze, not strong financials, fuels rally
Coin Desk - 26 Feb 2026 17:42
The violent move had more to do with hedge funds' overcrowded bearish positioning getting wiped out than the companys financial performance, one analyst pointed out.
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