CORRECTION: Klaviyo Shares Open For Trade At $36.75/Share; IPO Priced At $30/Share
Portfolio Pulse from Benzinga Newsdesk
Klaviyo's shares have started trading at $36.75 per share, which is higher than its IPO price of $30 per share.
September 20, 2023 | 4:46 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Klaviyo's shares opened at a price higher than its IPO price, indicating strong initial market interest.
The opening price of Klaviyo's shares was higher than its IPO price, which typically indicates strong initial demand from investors. This could potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100