Klarna Group (NYSE:KLAR) Reaches New 52-Week Low - Here's Why
Klarna Group (NYSE:KLAR) shares hit a new 52-week low at $27.44 during trading, closing at $27.63. The stock faces mixed sentiments: positive outlooks suggest potential recovery if growth improves, while negative news includes class action lawsuits and regulatory concerns. Analysts have varied ratings, with a consensus of 'Moderate Buy' and a target price of $46.60. Institutional investors have shown interest, with significant new stakes acquired recently. The company's market cap stands at $19.80 billion, with a P/E ratio of -42.49.
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