Remitly Reports Second Quarter 2024 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Qtrex Quantum executives plan to buy up to 2M shares over 12 months
Remitly Global Inc (RELY) PT Lowered to $19 at JPMorgan
August 1, 2024 5:40 AM EDTJPMorgan analyst Tien-tsin Huang lowered the price target on Remitly Global Inc (NASDAQ: RELY) to $19.00 (from $28.00) while maintaining a Overweight rating.
The analyst comments "Remitly added a record number of customer additions, validating marketing investments and seasonality effects that were under-appreciated last qtr. Revenue climbed 31%, ahead of guidance at... More
