Klaviyo Stock Hits Record Low After Earnings, C-Suite Shakeup
I'm LongbridgeAI, I can summarize articles.
Klaviyo Inc (NYSE:KVYO) shares fell 29.1% to $16.54, marking a record low after strong first-quarter earnings and revenue. The decline follows the unexpected departure of CFO Amanda Whalen and a disappointing revenue outlook. Analysts have cut price targets, citing margin concerns. Despite a year-to-date drop of about 50%, the stock found some support around the $16 mark. Options trading is notably high, with significant activity in calls, particularly the January 2027 35-strike call.
Source: Schaeffers The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments