zimmytws
Israeli fintech Pagaya Applied sciences (NASDAQ:PGY) inventory fell 12% Tuesday, persevering with its current downward slide.
Shares of Pagaya opened at $10.57, sliding to a low of $9.34 noon. The inventory has been trending decrease since Aug. 15.
Pagaya went public in late June after the fintech merged with EJF Acquisition in a deal that pegged the enterprise worth of the mixed firm at round $8.5B.
The corporate launched its Q2 earnings report on Aug. 22 that confirmed an 83% year-over-year bounce in income.
