Why Sezzle Stock Was Sizzling Today

Shares of Sezzle (SEZL 46.90%) were on fire today as the buy-now, pay-later (BNPL) platform delivered strong results in its first quarter and raised its guidance.The quarter is the latest evidence of strong momentum in the business, and the stock was up 51% as of 1:24 p.m. ET. Sezzle soarsThe fintech company said that gross merchandise volume (GMV), or spend on the platform, jumped 64.1% to $808.7 million, with customer purchase frequency up to 6.1 times in the quarter from 4.5 in the quarter a year ago.Tha ...