Banking app Dave, back from the brink, is this year's biggest gainer among financials with 934% surge
Dave(DAVE) CNBC·2024-12-21 01:30
Jason Wilk, the CEO of digital banking service Dave, remembers the absolute low point in his brief career as head of a publicly-traded firm.It was June 2023, and shares of his company had recently dipped below $5 apiece. Desperate to keep Dave afloat, Wilk found himself at a Los Angeles conference for micro-cap stocks, where he pitched investors on tiny $5,000 stakes in his firm."I'm not going to lie, this was probably the hardest time of my life," Wilk told CNBC. "To go from being a $5 billion company to $ ...