BUZZ-Interactive Brokers hits record high after allowing 24/7 funding with stablecoin
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Shares of Interactive Brokersrose 4.8% to $74.79 after the company allowed eligible clients to fund their accounts using stablecoin, reaching a record high of $75.24. This new feature offers near-instant processing and 24/7 availability for deposits, enabling trading across 170 global markets. Analysts rate the stock as a 'buy' with a median price target of $82. Year-to-date, IBKR is up 16.6%, compared to the NASDAQ Composite Index's 1.7% increase.
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