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Banking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge
DAVEDave(DAVE) CNBC·2024-12-20 17:30

Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm.It was June 2023, and shares of his company had recently dipped below 5apiece.DesperatetokeepDaveafloat,WilkfoundhimselfataLosAngelesconferenceformicrocapstocks,wherehepitchedinvestorsontiny5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los Angeles conference for micro-cap stocks, where he pitched investors on tiny 5,000 stakes in his firm."I'm not going to lie, this was probably the hardest time of my life," Wilk told CNBC. "To go from being a 5billioncompanyto5 billion company to ...