🔴 Remitly is trading 4% down today as broader markets weaken

Remitly is trading at $25.67 (-4.00%) alongside a weak market.

• The S&P 500 is down 0.65%, while the Nasdaq Composite is down 0.90%.
• On September 1, 2026, risk aversion reflects Middle East tensions, higher oil prices, rising Treasury yields, and weaker labor and manufacturing data.
• No clear company-specific announcement was found; recent Remitly coverage highlights strong second-quarter results and raised guidance.