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CHYM Chime Financial News Story

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Chime shares indicated to open 52% above IPO price

June 12 (Reuters) - Shares of Chime Financial CHYM.O were indicated to jump 52% above their initial public offering price on Thursday, giving the digital bank a potential valuation of $17.5 billion.

The company raised $864 million in the listing by pricing shares at $27 each on Wednesday, above its marketed range of between $24 and $26 per share.

 (Reporting by Manya Saini and Niket Nishant in Bengaluru; Editing by Anil D'Silva)

 ((Manya.Saini@thomsonreuters.com; X: manya__saini;))

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