Klarna, Gemini tee up initial public offerings

Buy now, pay later financier Klarna is putting its highly anticipated initial public offering back in motion and cryptocurrency exchange Gemini also said it would go public in a sign of the IPO market's sustained momentum. 

Klarna expects to sell more than 34 million shares of its stock priced between $35 and $37 per share, with Goldman Sachs, JPMorganChase and Morgan Stanley serving as joint book-running managers. Gemini plans to sell more than 16 million shares between $17 and $19 per share. Goldman Sachs and Citigroup are serving as joint book-running managers of that deal..Read Full Article

Ken Anderson