
Klaviyo (KVYO) has had a rough stretch over the past year. The stock is down roughly 46% year-to-date (YTD), leaving investors with many questions. But a fresh strategic partnership with Alphabet's (GOOG) (GOOGL) Google and a better-than-expected fourth quarter may be giving bulls reason to take a second look.
The question is whether this is a genuine turning point or just a headline that fades.