Strength Seen in Pagaya Technologies Ltd. (PGY): Can Its 6.1% Jump Turn into More Strength?

Pagaya Technologies Ltd. (PGY) shares soared 6.1% in the last trading session to close at $10.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.9% loss over the past four weeks. The upside can be attributed to Pagaya Technologies' core strength in its proprietary AI-powered technology, enabling efficient credit evaluation and decision-making for partners in originating loans and financial products. The company has processed ...