Klarna IPO Boosts Market; Oracle's Revenue Forecast Lifts S&P 500 and Nasdaq; Coty Downgraded

Reported about 7 hours ago

Klarna made its public debut with shares opening at $52, valuing the company at $18 billion. This surge contributed to gains in the S&P 500 and Nasdaq, buoyed by Oracle's favorable revenue forecast. In contrast, Coty faced a downgrade from Berenberg, with a reduced price target for its shares.

Source: YAHOO

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