Klaviyo stock drops nearly 10% to start 2026 as yields rise — what investors watch next
Klaviyo shares dropped 9.7% to $29.32 on Friday as Treasury yields climbed, pressuring high-growth software stocks. HubSpot, Braze, and Salesforce also fell, while a key software ETF slid 2.9%. About 4.9 million Klaviyo shares traded. Investors now await U.S. jobs data and Klaviyo’s next earnings.