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Fintech Sector Check-In After Klarna's Impressive Debut
Schaeffers Investment Research·2025-09-11 03:13

Online lender Klarna Group (KLAR) made its market debut this morning, with the stock opening at 52,firmlyabovetheinitialpublicoffering(IPO)priceof52, firmly above the initial public offering (IPO) price of 40 per share. Buzz around the "buy now, pay later" company's first session is weighing on fintech peers, with Upstart Holdings Inc (NASDAQ:UPST) and Affirm Holdings Inc (NASDAQ:AFRM) shares facing pressure.Upstart Stock Could Snap Win StreakUPST is down 10.4% at $61.75 at last check, on its way to snap a four-day win streak. While the equity still spor ...