Klarna climbs after CEO buys $10 million worth of shares

Klarna

28/08/2026 13:27

** Swedish buy now, pay later Klarna's KLAR.N shares jump 4.6% to $14.65 premarket
** CEO Sebastian Siemiatkowski bought 692,506 shares this week for about $10 million, according to regulatory filing
** Stock plunged 31% last week as KLAR cut full-year volume and revenue forecast, citing weakening conditions in Germany
** Buybacks and insider buying are the strongest signals companies can send to the market, analysts have said
** 11 of 23 brokerages rate the stock "buy" or higher and 12 "hold"; median PT $20 - data compiled by LSEG
** As of last close, KLAR stock was down 51.5% YTD

 (Reporting by Arasu Kannagi Basil in Bengaluru)
 ((ArasuKannagi.Basil@thomsonreuters.com;))