Company Overview - Clara, a buy now pay later company, had a successful IPO, pricing its shares at $40 and raising approximately $1.4 billion, with a market valuation of about $17 billion at the close of its first trading day [1] - The stock opened at $52, reflecting a 15% increase from its IPO price [1] Customer Growth - Clara has reported signing up 700,000 customers for its new debit card, with an additional 5 million people on the waiting list [1] Market Sentiment - There is significant excitement surrounding Clara's market debut, with discussions on the potential for sustained growth and valuation stability [2] - The company's valuation has decreased from $46 billion a couple of years ago to its current $17 billion, indicating a shift in market perception [3]
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