Oct. 21 at 3:24 AM
$KVYO this stock is fine. Great price to buy. It dropped 30% because the CEO sold off shares and ChatGPT and Shopify announced their partnership. The partnership does not affect the success of Klaviyo’s customers.
Klaviyo’s value prop is the ability to store and make sense of data, so brands increase repeat purchasers amongst their subscribed customers.
This is very hard to replicate. While every other stock is at an all time high, Klaviyo is at a low….not exactly something to complain about.