FILE PHOTO: Sezzle logo is displayed in this illustration taken January 25, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
(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 merchants.
The stock, which has gained over 1,000% so far this year, fell as much as 28.6% to $225 earlier in the session before paring some losses. It was last trading 22% lower.
