Why Remitly Global Stock Was Sliding Today

Shares of Remitly Global (NASDAQ: RELY), the tech-forward remittance specialist, were pulling back today due to talk in Washington about a possible remittance tax as lawmakers look for ways to dissuade immigrants from sending money out of the country or collect a fee on those transactions.As a result, Remitly was down 4.3% as of 12:23 p.m. ET.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool