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Remitly Global, Inc. (RELY)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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15.41+0.50 (+3.35%)
At close: 04:00PM EDT
15.41 0.00 (0.00%)
After hours: 05:31PM EDT
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Trade prices are not sourced from all markets
Previous Close14.91
Open14.90
Bid15.35 x 100
Ask15.47 x 300
Day's Range14.86 - 15.65
52 Week Range13.60 - 27.95
Volume2,031,647
Avg. Volume1,404,075
Market Cap2.966B
Beta (5Y Monthly)0.16
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
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    Why Remitly (RELY) Stock Is Nosediving

    Shares of online money transfer platform Remitly (NASDAQ:RELY) fell 22.9% in the pre-market session after the company reported first-quarter results, which missed analysts' revenue estimates as its active customer count fell short. However, management noted that the first quarter is seasonally less active for customers and expects an improvement in customer activity in the second quarter. Looking ahead, the company's full-year revenue guidance slightly missed Wall Street's forecast.