Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) traded down 4.4% during trading on Wednesday . The company traded as low as $30.85 and last traded at $30.96. 646,989 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 4,923,805 shares. The stock had previously closed at $32.39.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on the stock. Seaport Res Ptn raised shares of Chime Financial to a "strong-buy" rating in a report on Monday. Wall Street Zen raised shares of Chime Financial to a "hold" rating in a research note on Saturday, June 21st. Finally, Compass Point initiated coverage on Chime Financial in a research report on Wednesday. They issued a "neutral" rating and a $33.00 price objective for the company.
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Chime Financial Stock Performance
Chime Financial Company Profile
(
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Chime is a financial technology company that partners with federally regulated, FDIC-insured banks—The Bancorp Bank, N.A. and Stride Bank, N.A., Members FDIC—to provide consumer banking products and services. The company's model is designed to eliminate common fees and simplify access to basic financial services.
Chime does not charge overdraft fees, monthly service fees, or require minimum balances.
Further Reading
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