Sezzle Shares Tumble Despite Q2 Beat and Raised Guidance
Sezzle (SEZL) plunged in after-hours trading Thursday even after reporting better-than-expected Q2 results and lifting its full-year outlook.
SEZL
Sezzle, the buy-now-pay-later platform, saw its stock sell off heavily after the close on Thursday despite a broadly successful second quarter.
- The company beat consensus estimates for both revenue and earnings.
- Management also raised its full-year financial guidance.
Nevertheless, the positive earnings news failed to support the share price, with SEZL dropping sharply in extended trading. Investors focused on other details or took profits.
Source: FXStreet Forex News