Why Sezzle Stock Tumbled 39% in August
Sezzle (NASDAQ: SEZL) saw its monster surge hit a wall last month as the breakout BNPL (buy now, pay later) company posted strong results in its second-quarter earnings report, but its guidance wasn't quite enough to keep up the stock's momentum. Management still expects a substantial deceleration in the second half of the year.There was little else in the way of company-specific news last month, and the stock traded flat after the earnings plunge, finishing the month down 39%, according to S&P Global Market Intelligence.You can see the stock's performance over the course of the month below.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
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