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CHYM Chime Financial News Story

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Chime shares soar 59% in Nasdaq debut

June 12 (Reuters) - Chime Financial's CHYM.O shares rose 59% in their Nasdaq debut on Thursday, extending a winning streak for the latest U.S. stock market entrants.

The digital bank was valued at $18.4 billion on a fully diluted basis in the debut. It raised $864 million in its initial public offering on Wednesday, pricing shares above its marketed range.

 (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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