Chime Financial, Inc. (NASDAQ:CHYM - Get Free Report) shot up 7.4% during mid-day trading on Wednesday . The company traded as high as $31.92 and last traded at $31.15. 2,002,613 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 4,841,788 shares. The stock had previously closed at $29.00.
Wall Street Analysts Forecast Growth
Separately, Wall Street Zen raised Chime Financial to a "hold" rating in a research report on Saturday.
Check Out Our Latest Stock Analysis on CHYM
Chime Financial Trading Up 12.7%
About Chime Financial
(
Get Free Report)
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.
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