KLAR is trading at $21.12 (+3.7%) as the company faces multiple class action lawsuits alleging it misled investors in its September 2025 IPO documents.
- The litigation centers on a 102% spike in credit loss provisions and claims that Klarna understated risks associated with lending to high-risk consumers for purchases like fast food.
- While the stock is gaining today amid a broader market uptrend, it continues to trade 22% below its $40 IPO price.