Dave is trading at $349.99 (-18.64%) after-hours following its second-quarter earnings report, as the stock faces a sharp sell-the-news reaction despite strong headline growth.
- The company reported 30% revenue growth to $170.8 million and adjusted diluted EPS of $4.12, but shares are retreating after a significant price run-up earlier this week.
- Management raised full-year 2026 guidance for revenue, adjusted EBITDA, and adjusted diluted EPS, suggesting the decline is likely driven by thin after-hours liquidity and profit-taking rather than fundamental weakness.