Pagaya Technologies Ltd. (PGY) Soars 12.4%: Is Further Upside Left in the Stock?
Pagaya Technologies .(PGY) ZACKS·2024-11-12 01:45
Pagaya Technologies Ltd. (PGY) shares rallied 12.4% in the last trading session to close at $14.62. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 31.6% gain over the past four weeks.Pagaya Technologies extended its rally for the second straight day, driven by optimism over the successful closing of two asset-backed securities (ABS) deals totaling $1 billion. The deals were oversubscribed, reflecting strong ...