Klaviyo, Inc. Hits Day Low of $15.53 Amid Price Pressure

Klaviyo, Inc., a small-cap player in the software products industry, experienced a significant decline today, with its stock price dropping by 8.31% to reach an intraday low of USD 15.53. This downturn marks a continuation of a challenging trend for the company, which has seen a 14.62% decrease over the past week and a staggering 38.02% drop in the last month. In the context of broader market performance, Klaviyo's performance contrasts sharply with the S&P 500, which has gained 0.69% today. Over the past year, Klaviyo's stock has plummeted by 62.05%, while the S&P 500 has risen by 12.95%. Despite these challenges, Klaviyo has reported positive results for the last three consecutive quarters, with operating cash flow reaching USD 168.95 million and net sales hitting USD 293.12 million. However, the company continues to face risks, including a negative EBITDA and a debt-to-equity ratio of -0.87. As Klaviyo navigates these financial dynamics, its recent performance underscores the volatility inherent in its market position.