KLAR is trading at $13.77 (-6.96%) as hotter-than-expected February PPI data fuels inflation fears and a broader market sell-off ahead of Federal Reserve comments.
- Major indices are retreating in tandem, with the S&P 500 falling 1.11% and the NASDAQ dropping 1.06% following the latest inflation print.
- No fresh company-specific news was reported today; the stock's most recent milestone of surpassing 1 million merchants was announced on March 17.
- Shares continue to face volatility following the recent lock-up expiration on March 9.