Why Remitly Global Stock Popped Today

Shares of Remitly Global (NASDAQ: RELY) were among the winners today after the digital remittance specialist delivered better-than-expected results in its second-quarter earnings report. The company continued to report brisk growth in the quarter and raised its full-year guidance.

As of 12:36 p.m. ET on Thursday, the stock was up 15.8% on the news.

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Source Fool.com