Klarna Group (KLAR) shares climbed 6.79% to $13.69 as investors prioritized record revenue growth and reaffirmed "Buy" ratings from J.P. Morgan and Bank of America Securities. The stock is recovering from post-earnings volatility following the company's first-ever $1 billion revenue quarter.
- Revenue surged 38% year-over-year, supported by a digital banking user base that has expanded to 15.8 million consumers.
- The recovery signals investor confidence despite a wider-than-expected loss of -$0.12 per share and newly proposed BNPL regulations in New York.