What happened to the SP overnight! Sezzle gets an upsized US$150M facility and pays off the remaining US$72M of the old facility and the share price tanks. Any answers crew? - was it the loss of cash reserves - was it the interest rates - was it other restrictive terms in the agreement - is it due to director selling
We're down over 50% from highs and this quarter should be our most profitable to date.
SZL Price at posting:
$24.35 Sentiment: Buy Disclosure: Held