Why Shares of Remitly Global Stock Shot Up This Week [Yahoo! Finance]
Remitly Global, Inc. (RELY)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
The stock is trading cheaply vs. its 2028 earnings guidance. 10 stocks we like better than Remitly Global › Shares of Remitly Global (NASDAQ: RELY) shot up over 10% this week, according to data from S&P Global Market Intelligence . The remittance provider hosted an Investor Day that covered its long-term goals and financial guidance, impressing Wall Street. Management is calling for strong revenue growth and margin expansion through 2028. As of this writing at 12:46 PM EST on Friday, December 12, Remitly Global stock is up 10.4% this week. Here's why. Beginning over a decade ago, Remitly built itself up as a remittance provider for individuals looking to send money from the United States to India, Mexico, and the Philippines. From there, it steadily expanded to more and more country corridors for international money transfer services, while simultaneously lowering its costs, speeding up transfer times, and improving product functionality. This has brought Remitly to the app
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RELY
News
- Remitly Global (NASDAQ:RELY) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c-)" rating to a "sell (d+)" rating.MarketBeat
- Remitly Global: Stock Is Likely To Stay Rangebound For The Near Term [Seeking Alpha]Seeking Alpha
- Remitly Unveils Medium-term Outlook, Setting Course for Durable, Profitable Growth at Investor DayGlobeNewswire
- Remitly Global (NASDAQ:RELY) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Remitly Global (NASDAQ:RELY) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
RELY
Earnings
- 11/5/25 - Beat
RELY
Sec Filings
- 12/15/25 - Form 144
- 12/11/25 - Form 4
- 12/10/25 - Form 144
- RELY's page on the SEC website