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Israeli fintech Pagaya Technologies sees stock slide 12% (NASDAQ:PGY)

by Euro Times
September 6, 2022
in Business
Reading Time: 1 min read
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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.

 



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Tags: fintechIsraeliNASDAQPGYPagayaseesSlideStockTechnologies
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