Klaviyo stock sinks in first 2026 session as software selloff bites KVYO
NEW YORK, Jan 2, 2026, 14:22 ET — Regular session Klaviyo, Inc. shares fell more than 8% on Friday afternoon, extending a pullback in software stocks in the first regular trading session of 2026. The stock was down 8.4% at $29.75 after moving between $32.46 and $29.64 on the day, according to market data. The move matters because investors are re-pricing rate-sensitive growth names at the start of the year, when positioning often resets and liquidity can thin out. For smaller software companies, that can amplify day-to-day swings. Software broadly lagged. The iShares Expanded Tech-Software Sector ETF fell about 3.1%,