Pagaya Technologies Ltd. (PGY) Registers a Bigger Fall Than the Market: Important Facts to Note

Pagaya Technologies Ltd. (PGY) fell 3.8% in the latest trading session, significantly underperforming the S&P 500's 1.09% decline. The stock has dropped 12.89% over the past month. While revenue is expected to grow 7.96% year-over-year, earnings per share are projected to decline 5.88%. The company holds a Zacks Rank of #4 (Sell) with a Forward P/E of 4.87, trading at a discount to its industry average.