Why Remitly Global Stock Popped 17.4% Last Month
Yahoo Finance ·
Shares of Remitly Global ( RELY +4.32% ) were up 17.4% in August, according to data from S&P Global Market Intelligence . The remittance platform has recently hit a 52-week high after building strong momentum following its recent quarterly earnings report in early August. The remittance disruptor is growing quickly and, at the same time, showing a positive inflection in profit margins. Here's why the stock is soaring, and whether it is too late to buy shares today.
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