1/N There has been a lot of chatter about @Chime and how it’s going to price next week. Ultimately, this is a supply and demand equation with public investors that are valuing growth again and are absolutely starved for new names to trade. One thing is clear, Chime has built a
Circle to start trading tomorrow. Chime set to debut next week. Are the big unicorn IPOs back? For fintech at least? We'll see. Good night. $CRCL $CHYM
Chime’s IPO may struggle to strike a chord with investors https://t.co/aWVWVya8vI | opinion
Chime, the fintech company, is preparing for an initial public offering (IPO) with an anticipated valuation of approximately $11 billion. The IPO is scheduled to debut next week, following Circle's market debut tomorrow. Despite the excitement around these fintech unicorns, there are concerns that Chime's IPO may face challenges in attracting investor interest. Market analysts note that the pricing will depend on supply and demand dynamics among public investors who are eager for new growth-oriented stocks. Chime has established a strong presence in the fintech sector, but it remains to be seen how the market will respond to its public offering.