Klarna and StubHub delay IPOs due to Trump tariffs, Affirm shares plummet.
From Yahoo Finance.: 2025-04-05 13:28:00
Klarna and StubHub delay IPOs due to market turmoil caused by Trump’s tariffs. Both companies postponed roadshows and have no timeline for reinstating IPO plans. StubHub worries about perception of desperation, Klarna concerned about growth risks from tariffs. Affirm’s shares plummet, Klarna’s IPO valuation target lower than Affirm’s market cap.
Read more: Klarna and StubHub reportedly pause going public with stock market in free fall over Trump tariffs