price up icon0.68%   +0.08
after-market  After Hours:  11.69  -0.15   -1.27%

Why is Pagaya Technologies Ltd (PGY) Stock down?

We've noticed a 5.84% decline in Pagaya Technologies Ltd (PGY) stock during the 2024-05-13 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
27 Nov, 2023:

Shares of Payaya Technologies (PGY) dropped by 7.30% from $1.37 to $1.27 in the trading on Monday, November 27, 2023. The reason why PGY is down today is due to the resignation of Chief Financial Officer (CFO) Michael Kurlander, who left the company to pursue an external opportunity. As an interim measure, the company appointed Deputy CFO Evangelos Perros to serve as Interim CFO while they search for a permanent replacement for Kurlander. The search will consider both internal and external candidates. CEO Gal Krubiner acknowledged Kurlander's significant contributions during his 2.5-year tenure, helping advance the company's mission and financial stability.

14 Aug, 2023:

Pagaya Technologies shares dropped 9.43% after its quarterly report, which showed an earnings surprise of -100%. Last quarter, it was anticipated to earn $0.01 per share, but instead reported a loss of $0.02, surprising by -300%.


24 Jul, 2023:

Pagaya Technologies (PGY) stock is falling 9.00% to $1.92 on Monday after the company intends to announce its second quarter 2023 earnings on August 10, 2023.


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