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Transcripts For BLOOMBERG Bloomberg 20240703

Crude trading up to 91. 50. Klaviyo, which priced in its ipo at 30 per share, is currently off more than 18 , trading at 35. 46 in the first 15 to 16 minutes of trading and we will talk about that. Right now, a bloomberg wall street reporter, sonali basak, has been covering all of the major ipos. We had three so far this week. Three and the last two weeks. Arms holding was last week, last week we had instacart and today klaviyo. The other two fizzled out. They look weaker than the first day of trading. What to expect from this one . Sonali you already see it opening more than 20 higher than what they priced at. Our own bloomberg reporter reported how much interest had come into this idea of 200 investors roughly left on the table with no allocation at all. The 22 pop is not surprising in that vein. Ed i dont think matt i dont think it is that amazing. They aim for a pop, it is engineered for a pop. Instagram instacart was up 43 . Sonali they dont leave too much on the table but the pop

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