Dave is trading 12.11% down at $378.06 today.
- The company reported strong Q2 results with $170.8 million in revenue, representing 30% year-over-year growth, and raised its FY26 outlook.
- The selloff follows guidance for increased marketing and activation spend in the second half of 2026, overshadowing the positive earnings report.
- Despite the current decline, the underlying financial performance remains positive with improved guidance for the fiscal year.