Remitly Global, Inc.

RELY

Find Out if You Qualify for a Financial Reward by filling out the form below.

Remitly Global, Inc. Form












Stock Fraud Law Center does not share your information with others. There is no cost or obligation for you to submit.

Investigation Details

On May 1, 2024, Remitly announced 1Q24 financial results which missed analysts’ revenue and gross profits as its active customer count fell short. The Company blamed it on “seasonal dynamics” and reconfirmed its revenue guidance for the full year. Analysts commenting on Remitly’s missed revenue mention management’s continual ‘back half’ weighted story that new customers will ramp up in the second half is “running thin.”

Following this news, Remitly’s stock price fell by $2.14 per share, or approximately 12% to close at $15.40 per share.

Active Cases

Ticker Symbol Company Name Join Deadline Join
PERI Perion Network Ltd. June 17, 2024 Join
ASTS AST SpaceMobile, Inc. June 17, 2024 Join
SHCR Sharecare, Inc. June 18, 2024 Join
GDRX GoodRx Holdings, Inc. June 21, 2024 Join
LNC Lincoln National Corporation June 24, 2024 Join
CMP Compass Minerals International, Inc. June 24, 2024 Join
ADSK Autodesk, Inc. June 24, 2024 Join
AKRO Akero Therapeutics, Inc. June 25, 2024 Join
EXAI Exscientia plc June 25, 2024 Join
EXAI Exscientia plc June 25, 2024 Join
MBUU Malibu Boats, Inc. June 28, 2024 Join
GL Globe Life Inc. f/k/a Torchmark Corporation July 01, 2024 Join
EQIX Equinix, Inc. July 01, 2024 Join
INTC Intel Corporation July 02, 2024 Join
ALT Altimmune, Inc. July 05, 2024 Join
AXTI AXT, Inc. July 05, 2024 Join
LI Li Auto Inc. July 09, 2024 Join
SPT Sprout Social, Inc. July 12, 2024 Join
NARI Inari Medical, Inc. July 12, 2024 Join
UNH UnitedHealth Group Inc. July 15, 2024 Join
TDOC Teladoc Health, Inc. July 16, 2024 Join
VSTS Vestis Corporation July 16, 2024 Join
CMBM Cambium Networks Corporation July 22, 2024 Join
BIIB Biogen Inc. July 22, 2024 Join
FSLY Fastly, Inc. July 23, 2024 Join
ENPH Enphase Energy, Inc. July 29, 2024 Join
RIVN Rivian Automotive, Inc. July 30, 2024 Join
HTZ Hertz Global Holdings, Inc. July 30, 2024 Join
HUM Humana Inc. August 02, 2024 Join
MRNS Marinus Pharmaceuticals, Inc. August 05, 2024 Join
GRTS Gritstone bio, Inc. August 06, 2024 Join
RBLX Roblox Corporation August 12, 2024 Join