Why Sezzle Stock Crushed it Today
Ambitious fintech company Sezzle (NASDAQ: SEZL) was a sizzling-hot item on the stock market Tuesday. The spark that lit the fire was the company's announcement that it was doubling down on its share repurchasing activity; cheered by this news, investors bid up Sezzle stock by more than 10% that trading session.
Just after market close Monday, Sezzle announced that its board of directors authorized the company to repurchase up to $100 million worth of its common stock. That doubles down on a $50 million program that was announced in March.
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Source Fool.com
