Klaviyo Stock Jumps After CFO Appointment; Market Reacts to Leadership Resolution
Klaviyo shares climbed 4.2% in mid-day trading after the company disclosed that Erica Smith will become its Chief Financial Officer on September 1, 2026. The hire ends a roughly two-month vacancy, coming as the company reports stronger fundamentals including 28% revenue growth in Q1 2026, a return to GAAP profitability, and a $500 million buyback a…