- Wall Street Debut: Klarna went public on the NYSE in September 2025 under ticker “KLAR”, pricing its IPO at $40 per share and raising ~$1.37 billiontechfundingnews.com. The offering valued the Swedish buy now, pay later (BNPL) pioneer at about $15 billion, far below its 2021 private peak of $45.6 billion but well above its 2022 down-round valuation of $6.7 billiontechfundingnews.com. Shares surged ~30% on debut, opening near $521 .
- Stock Performance: After an initial pop, Klarna’s stock has fallen below its IPO price amid broader fintech volatility. As of mid-October 2025, KLAR trades in the mid-$30s (closing at ~$35 on Oct. 17)marketbeat.com – about 25% below its first-day close and intraday highs around $57ts2.tech. The company’s market capitalization is roughly $25–28 billion at current pricesmarketbeat.comts2.tech. Shares hit a low around $35.60 in early October during a market sell-offreuters.com, though analysts note key support levels in the mid-$30s range.
- IPO Impact and Plans: Klarna’s NYSE listing (Sept. 10, 2025) marked one of the year’s biggest fintech IPOs, signaling a thaw in the IPO market. Oversubscription drove the final offer price above the initial $35–$37 rangetechfundingnews.com. Management and early investors largely held their shares; CEO Sebastian Siemiatkowski (who owns ~7%) did not sell stock in the IPO, calling the debut “a little bit like a wedding… then life goes on”reuters.com. The listing, led by Goldman Sachs, JPMorgan, and Morgan Stanley, is seen as a bellwether for high-growth fintechs, alongside anticipated offerings from peers like Chime and Circle2 .
- Current Business Health:Klarna’s financials are improving after aggressive cost cuts. In Q2 2025, revenue grew ~20% year-on-year to $823 millionts2.tech, as gross merchandise volume and U.S. sales surged (U.S. revenue +38% YoY). The firm recorded its fifth consecutive quarterly operating profit ( ~$29 million adjusted operating income)ts2.tech. However, on a net basis Klarna had a $53 million loss in Q2techfundingnews.com due largely to one-time charges (office closures, lease exits, and stock comp costs tied to the IPO)techfundingnews.com. Credit performance is steady – loan default rates improved to under 1% of BNPL volumestechfundingnews.comtechfundingnews.com – and Klarna boasts a BBB credit rating with $10.4 billion in cash reservestechfundingnews.com, reinforcing its balance sheet ahead of expansion.
- Valuation Context: Klarna’s public valuation reflects a comeback from its 2022 slump. Once Europe’s most valuable startup (at $45.6B in 2021), Klarna saw its valuation plunge ~85% to $6.7B amid the 2022 fintech routtechfundingnews.com. The 2025 IPO valuation (~$15B) essentially doubled that trough3
Klarna Stock Slips Below IPO Price as Fintech Giant Eyes Rebound in BNPL Boom
Stock Market Today
Boeing stock jumps 2.6% to $243 — what Wall Street is watching before Monday
Boeing shares closed up 2.6% at $243.03 Friday, buoyed by reports of possible major aircraft orders from Saudi Arabia and India. India’s trade minister said a $70–80 billion Boeing deal could be signed by March. Supply-chain delays and regulatory scrutiny remain key risks. Boeing’s chief engineer sold over 10,000 shares earlier in the week.
Abbott stock price: what to watch Monday after FDA Libre recall update, insider buy
Abbott shares closed up 1.6% at $110.83 Friday but remain 21.5% below last year’s high. The FDA updated a Class I recall for FreeStyle Libre 3 sensors, citing 860 serious injuries and seven deaths. Director Daniel J. Starks bought 10,000 shares this week. Abbott reported new AFib device data at the AF Symposium in Boston.
AT&T stock heads into Monday after $6.5 billion bond sale and new kid-focused phone launch
AT&T shares closed down 0.7% at $27.13 Friday after a filing detailed a $6.5 billion, five-part bond sale that closed Feb. 5, with maturities from 2031 to 2056 and coupons ranging from 4.4% to 6.0%. The company also launched its amiGO Jr. Phone targeting parents and children.
Verizon stock snaps seven-day winning streak — what to watch for VZ into the new week
Verizon shares fell 1.7% to $46.31 on Friday, ending a seven-day rally and lagging a broad market rebound. The drop follows a leadership shakeup in the consumer unit, with Sowmyanarayan Sampath stepping down and Alfonso Villanueva named interim chief. Investors await delayed U.S. jobs and inflation data next week, which could affect rate-sensitive stocks.
