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Stock impact report

Should You Buy Klarna Stock Before the New Year? [Yahoo! Finance]

Klarna Group plc Ordinary Shares (KLAR) 
Company Research Source: Yahoo! Finance
The fintech attracted many new customers and merchants in Q3, demonstrating that demand is growing. While some BNPL critics say that it's unsustainable and stretches people's budgets too thin, Klarna's data tells a different story. These 10 stocks could mint the next wave of millionaires › Klarna Group (NYSE: KLAR) has established itself as a leading buy now, pay later (BNPL) fintech. The Swedish company's services continue to generate demand as people look to break down everyday purchases into small payments spread out over a few months. But Klarna hasn't fared well in the stock market so far. It's down by more than 30% since its September initial public offering (IPO). It's not because of a defect with the stock specifically. For instance, fellow BNPL stock Sezzle is down roughly 20% from the price it had on Sept. 10, the same day of Klarna's IPO. Sezzle was also down by more than 40% from Sept. 10 to its October bottom. While most people don't want to see their favorite Show less Read more
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