Why Remitly Global Stock Finished Up Almost 6% Today
Shares of Remitly Global (NASDAQ: RELY) finished higher Tuesday on signs that the "Big, Beautiful Bill" moving through Congress could be less burdensome than initially expected, as one Wall Street analyst pointed out, after Senate revisions to the bill.As a result, shares of Remitly, which facilitates remittance payments, closed on Tuesday up 5.7% even as the broad market was down nearly 1%.Image source: Remitly.Continue reading
Shares of Remitly Global (NASDAQ: RELY) finished higher Tuesday on signs that the "Big, Beautiful Bill" moving through Congress could be less burdensome than initially expected, as one Wall Street analyst pointed out, after Senate revisions to the bill.
As a result, shares of Remitly, which facilitates remittance payments, closed on Tuesday up 5.7% even as the broad market was down nearly 1%.
Image source: Remitly.
