Klaviyo Stock Plunges Nearly 30% After Q1 Beat as CFO Exit Clouds 2026 Outlook
Klaviyo, Inc. shares dropped midday Wednesday. The marketing software company posted first-quarter numbers that topped forecasts, but also announced CFO Amanda Whalen plans to step down later this year. The shares hovered around $16.33, off roughly 30%, and earlier scraped an intraday bottom at $15.59. That drop wiped out any post-earnings optimism from a beat-and-raise, shifting attention instead to new leadership, softer implied growth, and pressure on margins in the short term.
