KVYO Stock Recent News

It's been a busy few weeks on Wall Street with IPOs from ARM (ARM), Instacart (CART), a Klaviyo (KVYO). So how are investors responding?

With a big pipeline of companies waiting to hit the market, the U.S. IPO market seems well-poised for the coming months.

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.

A very busy few days for IPO with Instacart (CART) and Klaviyo (KYVO) going public. Many are wondering if this is a new resurgence of the IPO market.

Gil Luria, senior software analyst at D.A. Davidson, joins 'The Exchange' to discuss Klaviyo's IPO opening, manufacturing tools at scale for merchants to shop online, and the direct-to-consumer ecosystem.

Arm Holdings (NASDAQ:ARM) is not the only name that has had a  buzzy initial public offering (IPO) recently.

Shares of newly listed tech companies Arm Holdings PLC (NASDAQ:ARM), Instacart (NASDAQ:CART) and have retreated following their impressive debuts raising doubts over if an initial public offering (IPO) market comeback is underway. The recent IPOs have captured significant investor attention due to the lack of new listings over the past 18 months amid the broader market downturn spurred by rising interest rates.

Klaviyo Inc (NASDAQ:KVYO) shares this morning retreated back towards Wednesday's IPO price, as the sugar rush of its Nasdaq debut fades. In early deals, Klaviyo was down 36 cents or 1.1% trading at $32.40.

Shares of the three tech companies that recently conducted initial public offerings — including two unicorns — were all trading lower early Thursday, with the most recent, Klaviyo Inc., pulling back after a strong debut on Wednesday.

Klaviyo Inc (NASDAQ:KVYO) sealed a premium-priced market debut on Wednesday, building on its ‘above the range' IPO pricing earlier in the day. The marketing automation firm saw its newly listed stock advance 9.2% after trading began on Nasdaq, closing its first trading day at $32.76.