Klaviyo (KVYO) Slashes 7.8% as CEO Sells $7.5-Million Stake

We recently published 10 Big Names Investors Are Dumping. Klaviyo Inc. (NYSE:KVYO) is one of the companies that heavily bled in Thursday’s trading. Klaviyo dropped its share prices by 7.83 percent on Thursday to end at $32.50 as investors unloaded portfolios following its chief executive’s disposition of shares in the company. In a regulatory filing, Klaviyo Inc. (NYSE:KVYO) said that its chief executive officer, Andrew Bialecki, sold $7.49 million of his shares in the company on Tuesday, September 23. ...