Jim Cramer Discusses Klarna IPO

Klarna Group plc (NYSE:KLAR) is one of the stocks Jim Cramer talked about. Cramer talked about the stock before its IPO. He said:

“The highlight of the week by far is Klarna, a buy now, pay later lending platform. It’s… [been] flirting with going public for years. Frankly, its deal should price Tuesday night. Right now, Klarna is on track to raise between 1.2 and $1.3 billion.”

Klarna Group plc (NYSE:KLAR) is a payments technology company that provides advertising, consumer services, digital financial tools, and personal shopping solutions. The company launched its IPO at $40 and opened at $52 on September 10 after raising $1.37 billion.

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Disclosure: None. This article is originally published at Insider Monkey.