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home / news releases / new institutional and technical trends bode well for

COST - New Institutional And Technical Trends Bode Well For Pagaya

Costco Wholesale Corporation

2024-05-22 20:20:37 ET

Summary

  • Institutional owners/shares have increased dramatically in the most recent quarter.
  • Pagaya is addressing the market's concerns over its funding of risk-retention, and the overall percentage of its risk-retention assets.
  • Pagaya's share price is clearly moving in conjunction with a traditional, short-term moving average, and may be on the cusp of a breakout.

In my previous article, I approached Pagaya ( PGY ) from the standpoint of a new company dealing with numerous short-term negatives, during possibly the most volatile chapter in its exceedingly volatile history.

I am happy to say that its recent earnings report has allayed many fears and attracted a large number of new institutional investors....

For further details see:

New Institutional And Technical Trends Bode Well For Pagaya
Stock Information
Company Name: Costco Wholesale Corporation
Stock Symbol: COST
Market: NASDAQ
Website: costco.com
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