Why Klarna Stock Triumphed on Thursday

One of the bellwether stocks in the buy now pay later (BNPL) space, Klarna Group (NYSE: KLAR) published its latest set of quarterly results early Thursday morning. These clearly impressed Mr. Market, as the company's shares closed the day more than 20% higher.Klarna trounced analyst estimates for its first quarter and delivered top-line growth well into the double digits. Revenue soared 44% higher year over year to slightly more than $1 billion, on gross merchandise volume (GMV) that rose 33% to nearly $34 billion. Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool