Dave Inc. (NASDAQ:DAVEW – Get Free Report) fell 11.8% during mid-day trading on Wednesday . The company traded as low as $1.54 and last traded at $1.65. 11,731 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 45,434 shares. The stock had previously closed at $1.87.
Dave Stock Down 23.4%
The business has a 50 day simple moving average of $2.19 and a 200-day simple moving average of $1.35.
Dave Company Profile
Dave, Inc is a technology-driven financial services company that offers a suite of digital banking and budgeting tools designed to help consumers avoid overdraft fees and better manage their day-to-day finances. Through its mobile application, Dave provides interest-free cash advances of up to a few hundred dollars, automated expense tracking, budgeting insights and early access to direct deposits. The platform also offers a subscription-based membership that bundles these features with tools such as savings recommendations and credit-building services, creating an alternative to traditional banking products.
Founded in 2016 and headquartered in Los Angeles, California, Dave began as a peer-to-peer lending network before pivoting to a more comprehensive personal finance solution.
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