Sweden's Klarna halts US IPO plans as tariffs rattle markets: Reuters
35 Articles
35 Articles
Klarna and Stubhub reportedly pause going public with stock market in free fall over Trump tariffs
Klarna and StubHub will hold back on their IPOs after the stock market collapsed over Trump’s sweeping tariffs. Both companies were scheduled to pitch to investors next week, but have put their roadshows on hold. Klarna and StubHub have reportedly delayed IPO plans after President Donald Trump’s “Liberation Day” tariffs caused a roughly $6 trillion loss on the stock market last week. Due to the recent market meltdown, the two companies will hol…
Klarna and other companies delay plans to avoid Trump's rate hikes
Several large companies have changed their plans due to higher import duties in the US. For example, deferred payment platform Klarna and ticket seller Stubhub have postponed their IPOs in the United States due to the uncertainty surrounding US trade policy and its impact on the global market. Last month, Swedish Klarna, which offers customers the option to pay for purchases later, had filed an official application for a stock exchange listing o…
Sources: Klarna pauses US IPO
According to sources to several media outlets, Klarna has paused its planned US listing after Donald Trump imposed tariffs on the rest of the world. In an email to DN, the company writes that they do not want to comment on the information.
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