Pagaya Technologies, a developer and implementor of proprietary artificial intelligence technology and related software solutions, is soaring today.
The stock is currently up almost 60% after have completed its SPAC merger agreement last month. This way SPAC’s remain hot and bringing some joy after the bearish sentiment lately.
A week ago, the share price was $2,50. Today, the share price was just under $16 by a few cents, and it's still rallying as we speak.
About Pagaya Technologies
Pagaya Technologies Ltd. operates as a financial technology company in Israel, the United States, and the Cayman Islands. It develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent financial institutions, auto finance providers, and brokers. The company was founded in 2016 and is headquartered in Tel Aviv, Israel.
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