|Bid||39.98 x 800|
|Ask||40.07 x 2900|
|Day's range||38.53 - 41.40|
|52-week range||35.55 - 53.65|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
In this episode of Industry Focus: Financials, host Jason Moser and Fool.com contributor Matt Frankel, CFP, take a deep dive into Remitly (NASDAQ: RELY), a cross-border payments company that just went public. The pair discusses what Remitly does, how it makes money, its market opportunity, and much more, so check out the discussion to see if it could be a stock to put on your radar. Joining me this week, it's Certified Financial Planner, Mr. Matt Frankel.
(Bloomberg) -- Food company Sovos Brands Inc. and a cadre of other consumer-oriented companies rose -- some modestly -- in their trading debuts after a mixed showing in a cluster of initial public offerings.Most Read from BloombergSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesA Jewish Tradition Makes Room for Unconventional DesignIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksIn Paris, the Wrapped Arc de Triomphe Is a Polarizing PackageBerlin Referendu
The listing comes amid a fertile market for newly issued shares, particularly those of tech companies, which led to recent strong debuts for restaurant software provider Toast Inc and enterprise software firm Freshworks Inc. Remitly is a digital, cross-border remittance provider that promises faster, affordable and more transparent money transfers.