Chime Stock Down 15% Since June IPO, but One Fund Just Disclosed an $11 Million Bet on Shares

On February 17, 2026, Tenzing Global Management disclosed a new position in Chime Financial (NASDAQ:CHYM), acquiring 450,000 shares worth $11.33 million. What happened According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, Tenzing Global Management initiated a new stake in Chime Financial (NASDAQ:CHYM), acquiring 450,000 shares. The quarter-end value of the position also stood at $11.33 million, reflecting the new purchase. What else to know This new position accounts ...