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Klarna Group Plc shares jumped 30 percent in their opening trade, after the company and some of its backers raised $1.37 billion in an initial public offering that signals the market for new listings has room to run.
The company’s shares opened at $52 each in New York, above the IPO price of $40 apiece, after a first-time share sale that left about half of the prospective investors placing orders empty handed. The double-digit oversubscribed offering priced on Tuesday above the marketed…
