A series of reports reveal that plans for initial public offerings by Klarna and StubHub have been deferred amid disruptive Trump tariffs, which are shaking investor confidence and affecting related shares such as Affirm’s, reflecting broader market turbulence.
The decision comes after former President Donald Trump announced a 10% universal tariff on US imports, effective Apr. 5.
Affirm shares have plunged nearly 30% in two days, headed for their second-worst week ever, a decline made worse with the delayed IPO of rival Klarna.
Affirm shares have plunged nearly 30% in two days, headed for their second-worst week ever, a decline made worse with the delayed IPO of rival Klarna.
Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shock waves through the U.S. markets.
Affirm shares have plunged nearly 30% in two days, headed for their second-worst week ever, a decline made worse with the delayed IPO of rival Klarna.
Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through the U.S. markets.
Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through the U.S. markets.
Both firms hoped to raise at least $1 billion in their public market debuts.
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