fintech / news / / International Business Times
Klarna Group plc (NYSE: KLAR) saw its shares climb sharply in recent trading.
Klarna Chairman Michael Moritz bought about $50 million in shares after lock-up expiration in March 2026.
KEY POINTS
- The post-IPO lock-up expiration on March 9, 2026, released around 335 million shares for trading.
- Klarna's gross merchandise volume for 2026 is projected to exceed $155 billion with $4.34 billion revenue.
- Despite projected profitability, Klarna's stock trades over 60% below its IPO price from September 2025.
- Insider purchases, notably by Moritz, provided support amid expected selling pressure after the lock-up ended.
COMPANIES
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