Sezzle's $306 Million Trading Volume Surge Lands 323rd Ranking Despite Stock Price Drop

On June 10, 2025, Sezzle's trading volume reached $306 million, marking a significant increase of 164.47% compared to the previous day. This surge placed Sezzle at the 323rd position in the day's stock market rankings. However, despite the high trading volume, Sezzle's stock price fell by 7.06%.

Sezzle has taken a bold step by filing an antitrust lawsuit against Shopify. The lawsuit, submitted in the Minnesota district court, alleges that Shopify's business practices are stifling competition and curbing consumer choice. Sezzle claims that Shopify's actions limit consumer options and undermine fair market competition. The lawsuit seeks an injunction to prevent Shopify from continuing its anticompetitive conduct, which Sezzle argues restricts fair market competition and consumer choice. Sezzle's revenue from Shopify was less than 5% in the first quarter of 2025, and the company has reaffirmed its 2025 guidance despite the legal action.