Pagaya Technologies (NASDAQ:PGYWW) Trading Down 22.9% – Here’s Why

Pagaya Technologies Ltd. (NASDAQ:PGYWWGet Free Report)’s stock price dropped 22.9% on Tuesday . The stock traded as low as $0.33 and last traded at $0.42. Approximately 391,006 shares traded hands during trading, an increase of 256% from the average daily volume of 109,748 shares. The stock had previously closed at $0.54.

Pagaya Technologies Trading Down 22.9%

The firm has a 50-day moving average of $0.21 and a two-hundred day moving average of $0.15.

About Pagaya Technologies

(Get Free Report)

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets.

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