The ASX is ridiculous where great companies go nowhere and get punished daily even when they release great reports and show turnaround story. Sezzle was struggling on the ASX. Zip tried to takeover Sezzle but fall on the rocks.
Relocated from the ASX to the NASDAQ. They were attached by a short seller which went nowhere. Everyone on X was saying Sezzle will not make it but fall into administration. Sezzle continues to defy the market by reporting robust results.
Today Sezzle market cap is USD 2.96 Billion (~AUD 4.5 Billion) compared to Zip market cap of AUD 2.43 Billion
I have been in and out of Zip so many times and really admire the leadership and the product they have built. Time will tell whether Zip will overtake Sezzle.
ZIP Price at posting:
$1.87 Sentiment: None Disclosure: Not Held
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