Chime Financial Stock Lands New $129 Million Bet Despite Tepid Post-IPO Performance

On January 29, Ashton Thomas Private Wealth disclosed a new position in Chime Financial (NASDAQ:CHYM), acquiring 5.13 million shares worth $129.1 million based on quarter-end pricing. What happened According to an SEC filing dated January 29, Ashton Thomas Private Wealth initiated a new position in Chime Financial (NASDAQ:CHYM) by purchasing 5,128,770 shares. The quarter-end value of the stake totaled $129.1 million. What else to know This new position represents 3.1% of the fund’s 13F reportable asset ...