Klaviyo, Inc. Class A ( (KVYO) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Klaviyo, Inc.’s stock has been under pressure this year, primarily due to worries about overvaluation and notable insider selling, including significant stock sales by CEO Andrew Bialecki. However, the company recently reported a strong 32% year-over-year revenue growth and exceeded earnings expectations, which has sparked renewed interest. Analysts are optimistic about Klaviyo’s future, pointing to its strong AI capabilities as a potential driver for growth and market expansion.
More about Klaviyo, Inc. Class A
YTD Price Performance: -41.57%
Average Trading Volume: 2,787,282
Technical Sentiment Signal: Sell
Current Market Cap: $7.3B
For further insights into KVYO stock on TipRanks’ Stock Analysis page.
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