David Klein, CFO of Constellation Brands, the owner of Corona, Modelo, and Pacifica, says Cinco De Mayo is not just great for sales, but allows the company to win the retail floor straight through summer. For full interview, [click here](https://cheddar.com/videos/celebrating-cinco-de-mayo-with-constellation-brands).

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Klarna shares jump 30% on Wall Street debut
Swedish buy now, pay later company Klarna is making its highly anticipated public debut on the New York Stock Exchange Wednesday, the latest in a run of high-profile initial public offerings this year. The offering priced at $40 Tuesday, above the forecasted range of $35 to $37 a share, valuing the company at more than $15 billion. The valuation easily makes Klarna one of the biggest IPOs so far in 2025, which has been one of the busier years for companies going public. Other popular IPOs so far this year include the design software company Figma and Circle Internet Group, which issues the USDC stablecoin..
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