Price collapse for Klarna after shock reportBusiness News7 hours agoPrice collapse for Klarna after shock reportRevenue and transaction volumes are growing faster than expected for Swedish payments company Klarna. But the stock is down more than 24 percent after an unexpectedly weak forecast, and credit losses pushed net profit into a loss in the fourth quarter.
Price collapse for Klarna after shock reportBusiness News7 hours agoPrice collapse for Klarna after shock reportRevenue and transaction volumes are growing faster than expected for Swedish payments company Klarna. But the stock is down more than 24 percent after an unexpectedly weak forecast, and credit losses pushed net profit into a loss in the fourth quarter.
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