Klarna, StubHub delay IPOs as Trump's tariffs roil markets

Klarna and StubHub are delaying plans to go public after President Donald Trump's sweeping tariff announcement sent shockwaves through U.S. markets. The companies put their long-awaited debuts on pause because of market turbulence, according to a source familiar with the matter who asked not to be named because the discussions are confidential. Neither company has a timeline for when it will pursue an offering, the person said. Goldman Sachs , which is leading the Klarna IPO, declined to comment. Representatives from StubHub didn't immediately respond to a request for comment. Both companies had filed their IPO prospectuses in recent weeks. Klarna, a Swedish provider of buy now, pay later loans, had planned to go public on the New York Stock Exchange under the ticker KLAR. Online ticket marketplace StubHub was set for an IPO on the NYSE under the ticker STUB, and was preparing to start its roadshow on Monday, a person familiar said. Trump on Tuesday signed an executive order impos ... Read full article.