Klarna Group plc stock (KLAR) slides as Trump’s 10% credit-card cap talk jolts lenders, lawsuit deadline looms
Klarna shares fell 4.8% to $29.96 in early New York trading Monday, pressured by Trump’s proposal to cap credit-card interest rates at 10% and renewed legal scrutiny over its 2025 IPO. Investors face a Feb. 20 deadline to seek lead plaintiff status in a securities class action alleging misleading disclosures by Klarna.
