Should You Maintain Your Position in Remitly Global (RELY)? [Yahoo! Finance]
Remitly Global, Inc. (RELY)
US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
Meridian Growth Fund highlighted stocks like Remitly Global, Inc. (NASDAQ: RELY ), in the second quarter 2024 investor letter. Remitly Global, Inc. (NASDAQ:RELY) is a digital financial services provider for immigrants, their families, and other citizens. The one-month return of Remitly Global, Inc. (NASDAQ:RELY) was -0.51%, and its shares lost 44.19% of their value over the last 52 weeks. On September 13, 2024, Remitly Global, Inc. (NASDAQ:RELY) stock closed at $14.55 per share with a market capitalization of $2.826 billion. Meridian Growth Fund stated the following regarding Remitly Global, Inc. (NASDAQ:RELY) in its Q2 2024 investor letter: "Remitly Global, Inc. (NASDAQ:RELY) is a digitally native money transfer company that is taking share in the remittance market from established competitors such as Western Union and MoneyGram. The stock underperformed during the period on slightly lower than expected net new customers, though the company beat top-line EBIDTA estimates and rea
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RELY
News
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at Barclays PLC from $16.00 to $20.00. They now have an "overweight" rating on the stock.MarketBeat
- Remitly Global, Inc. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next [Yahoo! Finance]Yahoo! Finance
- Remitly Global Stock Was Soaring This Week: Here's Why [Yahoo! Finance]Yahoo! Finance
- Remitly Global Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Remitly Global, Inc. (NASDAQ: RELY) had its price target raised by analysts at JMP Securities from $22.00 to $25.00. They now have a "market outperform" rating on the stock.MarketBeat
RELY
Earnings
- 10/30/24 - Beat
RELY
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/24/24 - Form SC
- RELY's page on the SEC website