Neobank Chime to ride wave of IPO enthusiasm, while CoreWeave is best performing offering
Greetings, Term Sheeters. This is finance reporter Luisa Beltran, subbing for Allie.
After Circle’s standout IPO performance last week, all eyes are turning to Chime Financial. The well-known neobank is scheduled to begin trading on Thursday and could benefit from a rush of IPO excitement.
The company is selling 32 million shares at a price range of $24 to $26, with the final price for the offering to be set on Wednesday. Nearly 26 million of the shares being sold are coming from the company itself...