Why Sezzle Stock Blasted Higher This Week
Since last Friday, shares of fintech company Sezzle (NASDAQ: SEZL) had blasted nearly 54% higher, as of 12:40 p.m. ET Friday. The company reported convincing first-quarter earnings results earlier in the week.
The buy-now-pay-later (BNPL) company reported first-quarter profits of over $36 million on revenue of nearly $105 million. Net income rose roughly fourfold on a year-over-year basis, while revenue more than doubled. The results soundly beat analyst estimates, according to Zacks consensus estimates.
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Source Fool.com
