Klaviyo stock sinks in first 2026 session as software selloff bites KVYO
Klaviyo shares dropped 8.4% to $29.75 in Friday afternoon trading, underperforming a 3.1% decline in the iShares Expanded Tech-Software ETF. HubSpot and Braze each fell about 5%. Klaviyo opened near $32.52 and hit a session low below $30. Investors are awaiting next week’s U.S. labor data and Klaviyo’s next earnings update.