Chime Financial jumps on Stride Bank deal - CHYM News | RalliesChime Financial jumps on Stride Bank deal
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CHYM• Chime Financial jumps after Stride Bank acquisition and raised forecast
- Chime Financial's CHYM.O shares jump 11.4% to $36 premarket
- Co to acquire nationally chartered Stride Bank for $590 million in an all-cash deal
- Deal expected to help co realize more than $100 mln in net synergies
- CHYM raised its FY26 revenue forecast, sees between $2.76 bln and $2.77 bln, above analysts' estimate of $2.75 bln - LSEG compiled data
- Morgan Stanley serving as a financial advisor to the co
- As of last close, the stock up 28.3% YTD
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