Klarna Rallies 6%, Sezzle Gains 2% as Buy Now Pay Later Relief Trade Broadens, Affirm Jumps 10%

Bloomberg reported that Stripe and Advent International ended a potential PayPal Holdings takeover valued at more than $50 billion, which broadened a “buy now, pay later relief” trade Friday morning. The breakdown of the deal is a headline catalyst, but the article frames the market reaction as positioning-driven rather than fundamentals-driven.