Klaviyo stock drops nearly 10% to start 2026 as yields rise — what investors watch next
NEW YORK, January 4, 2026, 10:48 ET — Market closed Klaviyo, Inc. (KVYO) shares ended the first trading day of 2026 down 9.7% on Friday at $29.32. The stock traded between $32.46 and $29.15 and saw about 4.9 million shares change hands. The move matters because Klaviyo sits in the high-growth software bucket, where valuations often swing with changes in interest-rate expectations. When bond yields rise, investors tend to pay less for profits that are expected further out. With U.S. markets closed on Sunday, attention turns to whether Friday’s slide was a one-day reset or the start of a broader