Dave’s 400% Comeback — But Is the Party Over?

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Dave Inc. $DAVE ( ▲ 0.99% ) has gone from a post-pandemic question mark to one of the more impressive recovery stories in financial technology. This neobank, known for its cash advance features, banking tools, and personal finance solutions, endured a rocky 2022–2023, but by 2024, the tide had turned. With a leaner cost structure, improved credit performance, and strong revenue acceleration, investors began to take notice. Shares soared 400% over the past twelve months, making DAVE one of the best-performing stocks on the market. But the stock has cooled off lately, with Dave losing nearly a third of its value in less than a month, primarily due to profit-taking.

With the stock cooling off after a relentless run, this might be the reset that makes Dave worth a fresh look. Let’s see why.

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