WS #13773
Sezzle beat revenue and raised guidance but stock lost a third of its value, indicating market skepticism. Element Fleet Management submitted a non-binding proposal to acquire FleetPartners at A$3.80/share, a 34.3% premium, indicating M&A activity in fleet management.
Sezzle Stock Plunge Despite Strong Earnings
Sezzle beat revenue and raised guidance but stock lost a third of its value, indicating market skepticism.
Element Fleet Management submitted a non-binding proposal to acquire FleetPartners at A$3.80/share, a 34.3% premium, indicating M&A activity in fleet management.