Why Remitly Global Stock Jumped In February

Shares of Remitly Global (NASDAQ: RELY) popped 26.3% in February, according to data from S&P Global Market Intelligence. The remittance provider released earnings on February 18th, showing strong growth, healthy margin expansion, and providing robust guidance for 2026. However, shares of Remitly are still down 64% from highs set at the time of its initial public offering (IPO) five years ago. Here's why Remitly shares are soaring in February, and whether it is a buy for your portfolio today. Will AI crea ...