Klarna Stock Falls After IPO. It Didn’t Pop Like CoreWeave, Circle—Why That’s Good.

1. Klarna's stock debuted at $52, closed 15% higher, valuing it at $17.4 billion. 2. Klarna's IPO success differs from hype-driven peers like Circle and Figma. 3. The company’s valuation dropped from $45.6 billion in 2021 to $6.7 billion. 4. Klarna aims to dominate digital finance, distinguishing itself from traditional banks. 5. Recent trading showed minor stock decline, indicating cautious investor sentiment.