Circle's stock price is expected to be between $56 and $58, with an IPO pricing of $31

ChainCatcher news, according to Jin10, stablecoin giant Circle's stock price is expected to open between $56 and $58 (previously expected to be $50 to $52), with an IPO pricing of $31.

It is reported that on the first day of the IPO, underwriters will assess the opening price based on investor demand in the pre-market order book, with the indicative price provided by the underwriters or the New York Stock Exchange before trading begins, based on institutional investors' subscription intentions and retail pre-market orders.