Core Viewpoint - Klarna Group plc is under investigation for potential violations of federal securities laws following disappointing financial results after its IPO, which has led to a significant decline in its stock price [1][2][3]. Company Overview - Klarna provides payment, advertising, and digital retail banking solutions to consumers and merchants [2]. - The company conducted its IPO at a price of $40.00 per share on September 10, 2025 [2]. Financial Performance - Klarna released its third quarter 2025 financial results on November 18, 2025, marking its first earnings report as a public company [2]. - The financial results included a surprising increase in the company's provision for credit losses, which contradicts prior assurances regarding lending risk metrics provided during the IPO [2]. Stock Performance - Following the release of disappointing financial results, Klarna's stock price fell by $3.25 per share, approximately 9.3%, from $34.88 on November 17, 2025, to $31.63 on November 18, 2025 [3]. - Since its IPO, Klarna's stock has declined over 23%, falling below its initial offering price by December 4, 2025 [3].
NYSE: KLAR Investigation: Kessler Topaz Meltzer & Check, LLP Encourages Klarna Group plc (NYSE: KLAR) Investors with Significant Losses to Contact the Firm