Stock Market Today, Feb. 19: Klarna Group Shares Plunge After Q4 Results Miss Forecasts
Klarna Group (NYSE:KLAR), a digital bank and flexible payments provider, closed Thursday at $13.84, down 26.95%. The stock dropped after Q4 results missed forecasts and guidance pointed to slower near‑term growth with higher credit provisions. Investors are watching to see whether margins can improve as the company matures. Trading volume reached 44.6 million shares, about 1,159% above its three-month average of 3.5 million shares. Klarna Group IPO'd in 2025 and has fallen 70% since going public. How the ...