I would forget about what the share price was in the past because Sezzle is a different company now and can be valued using traditional methods which include earnings/net profit.
The rebalancing event means that there is significant institutional interest in the company now. With that should come more analyst ratings and price targets and the targets won't be based on past history.
The charts below show the trajectory of Sezzle and seasonal variances along the way, based on figures taken from quarterly reports. I'd speculate that the next quarter will be good again and as a result the company might need to update the forward earnings guidance which is currently $30m and 25% growth.
SZL Price at posting:
$24.35 Sentiment: Buy Disclosure: Held