DAVE INC (DAVE) Moves 21.8% Higher: Will This Strength Last?
DAVEDave(DAVE) ZACKS·2024-11-08 06:41

Dave Inc. (DAVE) shares ended the last trading session 21.8% higher at $45.87. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 15.4% loss over the past four weeks.The stock benefits from the company’s accelerating revenue growth, driven by rising ARPU and an increase in monthly transacting members. Additionally, sustained efficiency in customer acquisition and a streamlined fixed expense base are positively impacti ...