Klarna, the prominent Swedish buy now, pay later (BNPL) provider, recently submitted an application to the Securities and Exchange Commission to list its common shares on the New York Stock Exchange. The company aims to raise approximately $1 billion, targeting a market valuation of $15 billion.
A promotional roadshow was scheduled to commence on Monday to attract potential investors. However, as reported by the Wall Street Journal, these plans have been temporarily halted due to market volatility triggered by President Donald Trump’s recent tariff announcements on U.S. imports.
Additionally, StubHub, the well-known ticketing platform, has also postponed its IPO plans amid investor apprehensions regarding the impact of tariffs, raising concerns about the feasibility of a roadshow set for next week.