Chime’s IPO marks a successful Wall Street -debut – Chime Financial (Nasdaq: Chym)

Chime Financial, Inc. Chym Made a splash on Wall Street this week, because his long -awaited initial public offer saw shares rise by no less than 66% on the first trading day of the share.

Chime made a strong debut about the Nasdaq on Thursday. The share opened $ 43 per share, well above the IPO price of $ 27, and rose no less than 66% during the day before it closed around $ 37.

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Chime and his shareholders raised $ 864 million in the IPO and the first day of the share approved the company at around $ 18.4 billion at its peak.

The strong debut of Chime is seen as a positive sign for the American IPO market, which has been slow for several years. But that can change because several other companies have recently made successful Wall Street debut.

CRCL: Circle Internet Group, Inc. CRCL continued to climb on Friday after the dramatic debut last week. The IPO cost $ 31 and shares shot up to $ 88 by the end of its first trading day.

The shares climbed to more than $ 107 the next day and marked a two -day increase of almost 250%, which set a new record for IPOs that have yielded $ 500 million or more since 1980, according to Fortune.

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CRWV: CoreWeave, Inc. Crop has also proven to be a powerhouse after the IPO at the end of March that debuted at $ 40 per share. The share acted on Friday around $ 145, an increase of almost 270% since his IPO, with a market capitalization of more than $ 71 billion.

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