Tiger Global Management Reduces $52M in Chime Financial, Inc. ($CHYM)
Key Points
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Tiger Global Management reduced its position in Chime Financial, Inc. ($CHYM) by 21.92% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,081,780 shares of Chime Financial, Inc. after selling 3,110,719 shares during the quarter. Tiger Global Management's holdings in Chime Financial, Inc. were worth $185.07 million as of its most recent filing.
Chime Financial, Inc. Stock Down 49.7%
Shares of Chime Financial, Inc. ($CHYM) traded around $16.70 on Saturday, down 49.7% for the day.
Chime Financial, Inc. Earnings
Analysts Set New Price Targets
About Chime Financial, Inc.
Chime Financial, Inc., a financial technology company, provides digital consumer banking and payment solutions in the United States and internationally. The company offers various products, such as spending, including checking accounts, debit cards, ATM and cash deposit networks, paycheck, outbound instant transfer; Chime Plus, a fee-free mobile banking experience; liquidity products, such as SpotMe, MyPay, and Instant Loans; building credit solutions comprising chime card and credit builder credit card, and FICO score tracking; savings and perks products; community focused products, including Pay Anyone and SpotMe Boosts; Enterprise offers Chime Workplace, a suite of financial services and employee benefits tools to their employees; and other support and operations. The company was formerly known as 1Debit Inc. and changed its name to Chime Financial, Inc. in June 2019. Chime Financial, Inc. was incorporated in 2012 and is headquartered in San Francisco, California.
Get Chime Financial, Inc. alerts
New 13F filings, insider trades, and analyst moves on $CHYM, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.