Where Will Chime Financial Stock Be in 1 Year?

Chime Financial (NASDAQ: CHYM), a fintech company that provides mobile banking services, went public at $27 on June 12. The bulls initially rushed to the stock, which opened at $43 on the first day, but it now trades below its initial public offering (IPO) price at about $24.Will Chime's stock rise back above its IPO price and hit new highs during the next year? Let's review its business model, growth rates, and valuations to find out.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool