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Pagaya Technologies Ltd - PGY STOCK NEWS

Welcome to our dedicated news page for Pagaya Technologies (Ticker: PGY), a resource for investors and traders seeking the latest updates and insights on Pagaya Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pagaya Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pagaya Technologies's position in the market.

Rhea-AI Summary
Pagaya Technologies (NASDAQ: PGY) is set to announce its first quarter 2024 earnings on May 9, 2024, with a conference call scheduled for 8:30 a.m. ET / 3:30 p.m. IDT. Investors can register for the live webcast on Pagaya's IR website. The webcast replay will be accessible after the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Pagaya Technologies (NASDAQ: PGY) announces the formation of a strategic Advisory Board led by Tami Rosen, a former Apple and Goldman Sachs executive. Rosen will also take on the role of Chief Development Officer to drive new partnerships and connections for Pagaya, aiming to boost long-term growth and competitive advantage.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
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management
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Rhea-AI Summary
Pagaya Technologies (NASDAQ: PGY) announces a virtual fireside chat with CEO, CFO, and President to discuss business strategy, recent capital activities, and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
15.9%
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conferences
Rhea-AI Summary
Pagaya Technologies Ltd. (NASDAQ: PGY) announces a public offering of 7,500,000 Class A Ordinary Shares at $12.70 per share, aiming to raise approximately $95 million for general corporate purposes and future growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.53%
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Rhea-AI Summary
Pagaya Technologies Ltd. (NASDAQ: PGY) has announced a public offering of 6,500,000 Class A ordinary shares to support future growth and general corporate purposes. The Company aims to use the net proceeds for working capital expenses and investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-25.53%
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Rhea-AI Summary
Pagaya Technologies LTD. (PGY) closes two new asset-backed securitizations, raising $1.03 billion, solidifying its position as a leading ABS issuer in the U.S. The company has raised $21 billion across all ABS transactions since inception, with robust investor demand and growing funding network.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.3%
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none
Rhea-AI Summary
Two Harbors Investment Corp. appoints Sanjiv Das, a seasoned mortgage industry expert, to its Board of Directors. Das brings extensive experience from Pagaya Technologies Ltd. and previous leadership roles in major financial institutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.29%
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management
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Rhea-AI Summary
Pagaya Technologies Ltd. (NASDAQ: PGY) announced a 1-for-12 reverse stock split effective March 8, 2024, to enhance marketability to U.S. investors and potentially be included in major U.S. equity indices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.54%
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Rhea-AI Summary
Pagaya Technologies Ltd. announces participation in upcoming investor conferences, including The Citizens JMP Technology Conference and Wolfe FinTech Forum 2024. A webcast replay will be available on the Pagaya investor relations website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.38%
Tags
conferences
Rhea-AI Summary
Pagaya Technologies Ltd. (PGY) reports record network volume, total revenue, and adjusted EBITDA for 4Q’23 and FY’23. The company expanded its lending network, raised $6.6 billion in ABS, and achieved positive adjusted net income. Pagaya provides financial outlook for 1Q’24 and FY’24, aiming for continued growth and profitability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.15%
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Pagaya Technologies Ltd

Nasdaq:PGY

PGY Rankings

PGY Stock Data

756.96M
41.73M
20.42%
32.33%
2.57%
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