$21.22
-5.86 (-21.64%)
RELY News3 articles
Western Union Stock Slumps 7% on Q2 Earnings and Margin Concerns
Western Union shares dropped 7.4% for the week after Q2 earnings revealed digital revenue growth lagging transaction volume gains, with margins declining sharply.
Western Union Soars 13% as Merger Spread Nearly Doubles
Western Union shares surged 13% as the spread on its Intermex acquisition nearly doubled, reflecting greater market compensation for deal risk.
Remitly Stock Near Highs as Margin Improvements Counter Revenue Yield Drop
Remitly Global shares rose 3.49% to $23.75, nearing their 52-week high, as investors focus on margin improvements compensating for declining revenue per transaction.