Cathy Wood: Circle's 84 per cent increase since IPO

the founders of the ark invest, CEO and CIO Cathie Wood, indicated that the Circe (CRCL) had risen by 84 per cent since IPO, but that the short-term stock market still had inadequate pricing efficiency. Since the listing of Visa(V) and Mastercard (MA) in 2006 and 2008, respectively, stock prices have increased approximately 33 and 150 times, benefiting the recommended “low buy-in” analysts. Wood argued that technology was driving changes in the traditional financial system and that it was hoped that Circe would be the main beneficiary。