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Why Remitly Global Stock Plunged Today

TheMotleyFool

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Shares of Remitly Global (NASDAQ: RELY) were tumbling today after the digital remittance specialist delivered solid third-quarter results, but its preliminary 2026 guidance on the earnings call seemed to throw off investors.

As of 3:20 p.m. ET, the stock was down 23.7% on the news.

Image source: Getty Images.

Source Fool.com

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