negative
Recent Tech IPOs Struggle as Several Trade Below Their Issue Prices
Global IPO trackers indicate that major tech listings such as Klarna, CoreWeave and Figma are currently trading at or below their IPO prices, signalling a reversal in early optimism. Klarna’s stock, for instance, has slipped to around $29 compared with a $40 issue price. Analysts attribute the weakness to concerns over late-stage valuations, tightening financial conditions, and tempering growth expectations across AI and fintech.
The underperformance has prompted investors to reassess premiums previously assigned to high-growth technology companies.
Companies:
- Klarna
- CoreWeave
- Figma
Tags:
- startups
- ipos
negative
Recent Tech IPOs Struggle as Several Trade Below Their Issue Prices
Global IPO trackers indicate that major tech listings such as Klarna, CoreWeave and Figma are currently trading at or below their IPO prices, signalling a reversal in early optimism. Klarna’s stock, for instance, has slipped to around $29 compared with a $40 issue price. Analysts attribute the weakness to concerns over late-stage valuations, tightening financial conditions, and tempering growth expectations across AI and fintech.
The underperformance has prompted investors to reassess premiums previously assigned to high-growth technology companies.
Companies:
- Klarna
- CoreWeave
- Figma
Tags:
- startups
- ipos
1 min read
77 words
Several high-profile tech IPOs, including Klarna and CoreWeave, now trade below their issue prices as valuation concerns pressure late-stage listings.
Global IPO trackers indicate that major tech listings such as Klarna, CoreWeave and Figma are currently trading at or below their IPO prices, signalling a reversal in early optimism. Klarna’s stock, for instance, has slipped to around $29 compared with a $40 issue price. Analysts attribute the weakness to concerns over late-stage valuations, tightening financial conditions, and tempering growth expectations across AI and fintech.
The underperformance has prompted investors to reassess premiums previously assigned to high-growth technology companies.
Global IPO trackers indicate that major tech listings such as Klarna, CoreWeave and Figma are currently trading at or below their IPO prices, signalling a reversal in early optimism. Klarna’s stock, for instance, has slipped to around $29 compared with a $40 issue price. Analysts attribute the weakness to concerns over late-stage valuations, tightening financial conditions, and tempering growth expectations across AI and fintech.
The underperformance has prompted investors to reassess premiums previously assigned to high-growth technology companies.
Companies:
- Klarna
- CoreWeave
- Figma
Tags:
- startups
- ipos
- startups
- ipos
- technology
- markets