Pagaya Technologies is trading 5.03% down now at $22.09, with no clear catalyst identified.

  • No company-specific announcement, earnings update, analyst action, or other clear catalyst dated August 28, 2026, was identified.
  • The latest company release was its July 30 second-quarter report, which highlighted record results and raised full-year guidance.
  • Broader trading has been choppy amid hawkish Federal Reserve commentary, while software stocks are rallying, leaving the immediate cause uncertain.