Klarna Shares Sink More Than 20% After Revenue Forecast Cut
Klarna shares fell more than 20% after the company cut its full-year revenue and GMV outlook despite stronger quarterly results.
Why it matters: The selloff highlights how public markets are punishing slower fintech growth even as profitability improves.
Klarna shares fell more than 20% after the company cut its full-year revenue and GMV outlook despite stronger quarterly results.
The selloff highlights how public markets are punishing slower fintech growth even as profitability improves.