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The news: Investment research firm Hindenburg ... Citing Sezzle's own disclosures, Hindenburg said the platform has lost more than half of its active merchants since 2021, falling to 23,000. It ...
(Reuters) – Buy now, pay later firm Sezzle’s shares plunged on Wednesday after Hindenburg Research disclosed a short position, citing risky lending practices alongside a decline in customers and ...
Buy now, pay later firm Sezzle's shares plunged on Wednesday after Hindenburg Research disclosed a short position, citing risky lending practices alongside a decline in customers and merchants.
Hindenburg, which was behind an over $100 billion market rout in India's Adani Group and had also taken aim at Jack Dorsey-led Block, alleged Sezzle was rapidly losing customers and merchants.