KLAVIYO: Opens Above IPO Price

By Staff Reporters

Klaviyo, the digital marketing software company popped more than 20% above its IPO price of $30/share during its first day of trading yesterday and ultimately ended the day 9% up. This performance will likely help other tech companies to feel confident enough to go public.

LINK: https://www.klaviyo.com/

But, for those keeping score of the IPO market at home, this week’s other high-profile, venture-backed market entrant, Instacart, fell yesterday after an initial bump following its Tuesday debut.

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