Klarna Stock Dips Below IPO Price Amid Fintech Selloff: Bloomberg.com

Following its recent initial public offering, Klarna Group Plc (KLAR) experienced a decline in share price. On September 26, 2025, Bloomberg.com reported a 3.8% decrease, bringing the stock to $39.94, slightly below its $40 IPO price. This downturn contrasts sharply with Klarna's highly anticipated market debut on September 10, 2025. The IPO generated approximately $1.58 billion for the company and its investors, with robust investor demand resulting in a significant oversubscription and pricing above the initially projected range. Bloomberg.com attributes the share price decrease to heightened competition and broader market concerns regarding interest rates. This decline positions Klarna within a larger fintech sector selloff, posing a challenge to its valuation shortly after its public offering.