Chime Wins Price-Target Hikes On Stride Deal And Raised Guidance, But Shares Slash Early Gains

Chime stock surged early Wednesday to signal a breakout after the mobile financial company announced a deal to acquire Stride Bank and hiked its outlook. Analysts lifted their price targets on Chime stock following the news. Chime Financial (CHYM) on Tuesday said it reached a deal to acquire Stride Bank for $590 million in cash. The Oklahoma-based nationally-chartered bank has…