Sezzle Inc. shares drop 19.98% in premarket after Q2 earnings miss and B Corporation certification termination.

Sezzle Inc. plunged 19.98% in premarket trading, following the release of its second-quarter financial report showing a 7.1% year-over-year decrease in net profit to $27.6 million, and the announcement of the termination of its B Corporation certification, which impacted the company's governance image. Additionally, the stock's year-to-date gain of 226.81% has led to technical correction pressures.