Klarna opens at $52, 30% above its IPO pricing

Shares of Klarna opened for trading at roughly $52 at midday on Wednesday, 30% above its IPO priced at $40. The opening prices values the Swedish The buy-now, pay-later (BNPL) lender at over $20 billion.

On Tuesday, Klarna priced its 34.3 million shares IPO at $40 per share, above the marketed range of between $35 and $37. The IPO valued Klarna at $15.1 billion.

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