Klarna Group (NYSE: KLAR) began publicly trading on Sept. 10. Klarna is a global payment provider specializing in buy now, pay later (BNPL) solutions for consumers. Like many stocks that go public, KLAR stock has been volatile. After closing its first day of trading at $49.48, the stock has dropped approximately 13% taking a lot of the FOMO (fear of missing out) from the stock price.
That could be a good sign for investors. This isn’t an ordinary year for initial public offerings (IPOs). But if investors buy into the bull case for Klarna, it could be one of the more extraordinary opportunities for speculative investors.
