Why Shares of Dave Are Surging This Week
Source: Motley Fool
2026-03-06 13:06:45 ET
Since the close of trading last week, shares of the neobank Dave (NASDAQ: DAVE) traded roughly 7.2% higher, as of 12:46 p.m. ET Friday. Shares had risen as much as 11% on Thursday amid a packed week for the company, during which it reported earnings and announced a convertible debt raise.
Since going public through a special purpose acquisition company (SPAC) at the very start of 2022, Dave has seen its shares crushed, only to have made a strong comeback that began in 2024. The stock is still down 33% since its original SPAC days, but investors who bought in mid-2022 or 2023 have made incredible gains.
Image source: Getty Images.
Dave Inc.
NASDAQ: DAVE
DAVE Trading
5.32% G/L:
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178,830 Volume:
$214 Open:
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DAVE Stock Data
$2,524,047,967
8,858,678
0.17%
90
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Software & IT Services
Technology
US
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