Klarna (KLAR) Stock Dives Below IPO Level – Analysts Eye 30%+ Rebound
Stock Performance Since its Sept 2025 NYSE debut, Klarna’s stock has seen a sharp retreat. It opened at $52 on day one fintechweekly.com but has since slid, closing around $35.5 in mid-October 2025 marketbeat.com. That $35 level marks a new one-year low (vs. the $40 IPO price) marketbeat.com. The decline mirrors a broader sell-off in high-growth fintech stocks – higher bond yields and stalled Fed rate cuts have dented BNPL valuations fintechweekly.com. For example, rival Affirm and Afterpay also traded down in recent weeks. Technically, KLAR is well below its 20- and 50-day moving averages. Chart analysts note support ~$36.6