Why Pagaya Technologies Stock Soared 20% Higher
Fri, May 10, 2024 5:41 PM

Why Pagaya Technologies Stock Soared 20% Higher

A Flip by Riya Sharma
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By crushing analyst estimates for its latest completed quarter, Pagaya Technologies (NASDAQ: PGY) crushed it on the market Thursday. Investors sent its shares to a 20% gain on the day, which was more than good enough to beat the 0.5% gain of the S&P 500 index.Artificial intelligence powers real fundamental growth.

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