Klarna priced shares at $40 on Tuesday, raising $1.37b for the company and existing shareholders. The IPO marks the latest in a growing list of high-profile tech listings this year, suggesting increased demand from Wall Street for new offerings. Companies like stablecoin issuer Circle and design software platform Figma soared in their respective debuts. Meanwhile, crypto exchange Gemini is expected to go public later this week.
| less than a minute read
Klarna’s stock jumps 15% in NYSE debut after pricing IPO above range
“To me, it really just is a milestone,” Klarna’s co-founder and CEO Sebastian Siemiatkowski told CNBC in an interview on Wednesday. “It’s a little bit like a wedding. You prepare so much and you plan for it and it’s a big party. But in the end — marriage goes on.”
