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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.

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Source Fool.com

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