KVYO Stock Recent News

CNBC's Deirdre Bosa reports on developments from new initial public offerings.

Klaviyo helps companies use their first-party data to market to customers. Solid financials and a spacious market opportunity could lead to long-term growth.

Global venture funding was about $73 billion in the third quarter, down about 15 percent from a year ago, according to Crunchbase data. Late in the quarter, there was a lot of excitement surrounding the market debuts of venture-backed companies Klaviyo (KVYO) and Instacart (CART).

There's plenty to learn from the Instacart and Klaviyo IPOs, even if you're staying away from the stocks.

The marketing automation sector is rife with competition. But Klaviyo stands out among the crowd, and its financials prove it.

Ben Lerer, Lerer Hippeau managing director, joins 'Squawk on the Street' to discuss the recent spate of initial public offerings, whether there's a reason recent IPOs have stumbled after first-day pops, and more.

The initial public offering market was again showing signs of fatigue on Monday, with the three big tech deals that priced last week falling again in early trading, with one dipping beneath its offering price.

Wall Street delivered a downbeat show last week with the S&P 500 and Nasdaq logging worst weeks since March due to rising rate worries.

The IPO market's tech unicorn drought ended this past week, with grocery delivery platform Instacart and marketing SaaS company Klaviyo. Instacart priced at the high end of the upwardly revised range to raise $660 million at a $10.0 billion market cap. The 3Q IPO market is currently slated to end on a quiet note, with no IPOs currently scheduled to list in the week ahead.

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?