Klarna shares open at $52 per share and pop before losing ground

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If you were lucky enough to get in on the IPO, it was a good start to trading for Klarna shares. They priced at $40 and then opened at $52. The good news has pretty much ended there so far as the price momentarily spiked to $57.20 at the open but now it's down to $47.05.Klarna is a Swedish company founded in 2005, known primarily for its “buy now, pay later” consumer finance offerings. Over time, the company has added digital banking services such as debit cards, savings accounts, and broader financial tools.The current pricing values the company around $14 billion. About $1.37 billion was raised in the IPO. This article was written by Adam Button at investinglive.com.