If you are wondering whether Pagaya Technologies at around US$19.73 is still offering value after a strong run, you are not alone. This article will focus on what the current price implies.
The stock has pulled back recently, with a 7 day return of an 8.9% decline and a 30 day return of an 11.4% decline. However, the 1 year return of 108.8% and 3 year return of 32.6% show that longer term holders have seen very different outcomes.
Recent attention on Pagaya has centered on how its business model fits into the broader shift toward data driven decision making in financial services, with investors weighing the potential benefits against execution risks. This changing focus helps explain why the share price has been more volatile in the…
