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  • 6/16/2025
Chime made a splashy market debut Thursday, according to Benzinga. Shares for the financial service company opened at $43, well above its $27 IPO price, and closed near $37 after surging 66% intraday. The IPO raised $864 million and briefly valued the bank at $18.4 billion. Its strong performance is fueling optimism about a broader IPO market rebound. Circle Internet Group’s IPO last week set records, with shares jumping from $31 to $88 on day one and hitting $107 the next day. CoreWeave launched in March at $40 and was trading near $145 on Friday. Shares are up nearly 270% with a valuation topping $71 billion.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Chai made a splashy market debut Thursday, according to Benzinga.
00:05Shares for the financial service company opened at $43, well above its $27 IPO price,
00:11and closed near $37 after surging 66% intraday.
00:15IPO raised $864 million and briefly valued the bank at $18.4 billion.
00:20Its strong performance is feeling optimistic about a broader IPO market rebound.
00:24Circle Internet Group's IPO last week set records,
00:26with shares jumping from $31 to $88 on day one.
00:30Hitting $107 the next day.
00:32Corwin launched in March at $40 and was trading near $145 on Friday.
00:37Shares are up nearly 270%, with the valuation topping $71 billion.
00:41For all things money, visit Benzinga.com.
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