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Why Shares of Remitly Global Stock Shot Up This Week
The Motley Foolยท 2025-12-12 18:05
The remittance provider made bullish remarks at its 2025 Investor Day.Shares of Remitly Global (RELY 1.17%) 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 ...