Sezzle Inc. (SEZL) Shares Crash After Hindenburg Alleges Risky Practices – Hagens Berman
Portfolio Pulse from
Sezzle Inc. (SEZL) shares plummeted by nearly 25% after Hindenburg Research accused the company of engaging in risky lending practices. This significant drop in market capitalization highlights investor concerns over the allegations.
December 18, 2024 | 11:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Sezzle Inc. experienced a significant drop in its stock price, losing nearly 25% of its market capitalization after Hindenburg Research accused it of risky lending practices. This has raised concerns among investors about the company's financial health and business model.
The report by Hindenburg Research, a well-known activist short seller, has led to a significant loss in Sezzle's market value. The allegations of risky lending practices directly impact investor confidence and the company's reputation, leading to a sharp decline in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100