Your email has been successfully added to our mailing list.

×
0.000378787878787803 -0.00189393939393942 -0.000378787878787938 -0.00113636363636368 0.00151515151515148 0.00189393939393942 0.00643939393939387 0
Stock impact report

Citizens Sees Remitly Global (RELY) as a Premier Digital Remittance Platform [Yahoo! Finance]

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: Yahoo! Finance
rating and $20 price target on Remitly Global, Inc. (NASDAQ:RELY), noting the company's leading role in the digital remittance industry. The firm believes Remitly Global, Inc. (NASDAQ:RELY) shares were overcorrected before the company's Investor Day on account of immigration-related headlines, slowing revenue growth, and concerns regarding the introduction of small-dollar lending products. Even with these hurdles, Citizens emphasizes Remitly's position as the premier all-digital remittance vendor, with huge upside potential and plans to achieve industry-leading profitability in the long run. During the Investor Day event, Remitly Global, Inc. (NASDAQ:RELY) announced its growth plans through 2028, with revenue expected to grow in the high teens and adjusted EBITDA between $300 million and $320 million by 2026. Remitly Global, Inc. (NASDAQ:RELY) also estimates revenue to range between $2.6 billion and $3.0 billion in 2028, with Adjusted EBITDA of $575 million to $600 million, repres Show less Read more
Impact Snapshot
Event Time:
RELY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for RELY alerts
Opt-in for
RELY alerts

from News Quantified
Opt-in for
RELY alerts

from News Quantified