Klaviyo Shares Fall Below IPO Price


Summary: Shares of Klaviyo Inc dipped below its IPO price of $30 for the first time since its debut on the New York Stock Exchange.

Klaviyo Inc, a company that went public on September 20, saw its share price fall below its initial public offering (IPO) price of $30. This marks the first time since its IPO that the stock has dropped below its offering price. Currently, the stock is trading at $30, down 2.2% from its IPO price. It has also been unable to reach its intraday trading record high of $39.47, which was achieved on its first day of trading.

Tags: Klaviyo, stock market, IPO, share price