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Posted by
Two Blokes Jul 5 -
Filed in
Stock
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2 views
The stock market keeps soaring, but Remitly Global (RELY 1.31%) has failed to join the party. Shares of the mobile remittance platform have tumbled 33% from highs set earlier this year due to perceived risks over reduced immigration to the U.S., potential taxes on remittances, and the rise of stablecoins for international money transfers.