PGY Stock Recent News

Pagaya Technologies Ltd. (PGY) closed at $9.86 in the latest trading session, marking a -1.6% move from the prior day.

Pagaya Technologies Ltd. (PGY) has been one of the stocks most watched by Zacks.com users lately.

Pagaya Technologies Ltd. (PGY) reachead $11.14 at the closing of the latest trading day, reflecting no change compared to its last close.

Pagaya is demonstrating high growth and is expected to become profitable this year. It recently announced a reverse stock split and then issued another stock offering.

Pagaya is experiencing turbulent times, with a stock split and unexpected equity rise. The reverse stock split aimed to attract institutional investors but led to speculative movements in the stock price. The unexpected equity rise, just five days after the split, has negatively impacted the company's stock price, suggesting financial difficulties.

NEW YORK--(BUSINESS WIRE)--Pagaya Technologies Ltd. (NASDAQ: PGY) (“Pagaya,” the “Company” or “we”), a global technology company delivering artificial intelligence infrastructure for the financial ecosystem, today announced plans to host a virtual fireside chat, with CEO Gal Krubiner, CFO Evangelos Perros and President Sanjiv Das. The conversation will be moderated by John Hecht from Jefferies, on Tuesday, March 26, 2024 at 1:00 PM ET. During the session, management will address a range of topi.

Pagaya did a reverse stock split last week. Now, it's selling more shares.

Pagaya Technologies Ltd. (PGY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

The consensus price target hints at a 155.8% upside potential for Pagaya Technologies Ltd. (PGY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Does Pagaya Technologies Ltd. (PGY) have what it takes to be a top stock pick for momentum investors?