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Klarna and StubHub delay IPOs because of Trump tariff turmoil
Both firms hoped to raise at least $1 billion in their public market debuts.
With the public stock markets in a freefall after President Trump announced sweeping tariffs, two of the tech industry’s highly anticipated IPOs are hitting pause, The Wall Street Journal reports: Klarna and StubHub. Both were set to launch their road shows next week, talking to potential investors about their IPO, but decided to postpone, sources told the WSJ. TechCrunch Space Every Monday, gets you up to speed on the latest advances in aerospace.
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