Klarna and StubHub Offerings Become Tariff Casualties

That was fast. The window for technology company stock offerings slammed shut less than a week after it opened, dashing hopes that the moribund market would come to life this year.

CoreWeave, the deal that was supposed to lead the pack in a reopened market, got done on Friday. StubHub and Klarna were waiting in the wings, until President Donald Trump’s tariff plan sent stocks spiraling downward. Ticket seller StubHub succumbed to market pressure first. Consumer lender Klarna followed soon after.