Why Chime Stock Dropped 24% in September

Key Points Chime is a hot IPO stock, and its price soared on hype before coming back down. It has a differentiated banking platform with strong opportunities. Today, it trades at a more reasonable valuation. 10 stocks we like better than Chime Financial › Shares of Chime Financial (NASDAQ: CHYM) stock fell 24% in September, according to data provided by S&P Global Market Intelligence. It's still coming off its fresh initial public offering (IPO) that brought its valuation to soaring levels, and ...