Remitly Global, Inc. (RELY)

US — Technology Sector
Peers: TENB  WRD  SPSC  EEFT  DOCN  PAGS  AGYS  BB  DAVE  PTRN 

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News

Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
RELY
Published: March 11, 2025 by: Benzinga
Sentiment: Negative

Spruce Point Capital Management has announced a new short position against Remitly Global Inc RELY as the short seller believes there's reason to be skeptical of the company's financial reporting and valuation.

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image for news Spruce Point Capital Is Betting Against Remitly Global Stock, Short Seller Says Shares Could Fall To $9 Amid 'Tectonic Shift' Across Industry
Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript
RELY
Published: February 19, 2025 by: Seeking Alpha
Sentiment: Neutral

Remitly Global, Inc. (NASDAQ:RELY ) Q4 2024 Earnings Conference Call February 19, 2025 5:00 PM ET Company Participants Stephen Shulstein - Vice President of Investor Relations Matt Oppenheimer - Co-Founder and Chief Executive Officer Vikas Mehta - Chief Financial Officer Conference Call Participants Andrew Schmidt - Citigroup Rufus Hone - BMO Chris Kennedy - William Blair Darrin Peller - Wolfe Research Alex Markgraff - KBCM Operator Good day, and thank you for standing by. Welcome to the Remitly's Fourth Quarter 2024 Earnings Conference Call.

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image for news Remitly Global, Inc. (RELY) Q4 2024 Earnings Call Transcript

About Remitly Global, Inc. (RELY)

  • IPO Date 2021-09-23
  • Website https://www.remitly.com/us/en
  • Industry Software - Infrastructure
  • CEO Sebastian J. Gunningham
  • Employees 2800

Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.