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NASDAQ: RELY
Remitly Global (RELY) stock, explained like you're 5
Remitly Global trades on the Nasdaq under the ticker RELY. It is a mid cap company in the business services industry, part of the consumer cyclical sector, with a market value of about 5.1 billion dollars.
- Ticker
- RELY
- Exchange
- Nasdaq
- Sector
- Consumer Cyclical
- Industry
- Business Services
- Size
- Mid cap, about 5.1 billion dollars
Is Remitly Global a small, medium or large cap company?
No. Remitly Global is a mid cap stock, not a large cap. Its market cap, which is the total value of all its shares, is about 5.1 billion dollars.
Here is how you can tell. Multiply the share price by the number of shares to get the market cap, then compare it to the usual sizes. Micro cap is under 300 million dollars, small cap is 300 million to 2 billion, mid cap is 2 to 10 billion, large cap is 10 billion and up, and mega cap is over 200 billion. Market caps move every day with the share price, so treat the number as a recent snapshot.
How Remitly Global makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves RELY stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- 1,498,821 Shares of Remitly Global, Inc. $RELY Purchased by Assenagon Asset Management S.A. (MarketBeat)
- Winners And Losers Of Q2: Remitly (NASDAQ:RELY) Vs The Rest Of The Financial Technology Stocks (Yahoo Finance)
- Remitly Global Inc. Stock Grades | RELY (Barron's)
- Did Earnings Beat Just Shift Remitly Global's (RELY) Investment Narrative? (Simply Wall Street)
- Remitly Global (NASDAQ:RELY) Stock Breaks Below 50 Day Moving Average What's Next? (MarketBeat)
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Questions about Remitly Global stock
What does Remitly Global do?
Remitly Global trades on the Nasdaq under the ticker RELY. It is a mid cap company in the business services industry, part of the consumer cyclical sector, with a market value of about 5.1 billion dollars.
What is the ticker symbol for Remitly Global?
Remitly Global trades under the ticker RELY on the Nasdaq.
What is Remitly Global's market cap?
Remitly Global is a mid cap stock with a market cap of about 5.1 billion dollars.
How does Remitly Global make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves RELY stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow RELY stock every day?
Add RELY to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in simple words.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.