Pagaya Technologies is a technology company. Co. is engaged primarily in the business of developing and implementing proprietary artificial intelligence technology and related software solutions to assist financial institutions including, among others, banks, peer-to-peer lending networks, online marketplaces, non-bank finance companies, fintechs, financing intermediaries, consumer product companies, brokers, agents and credit unions to originate loans and other assets with credit decision-making processes, and sponsoring, managing and/or administering Financing Vehicles. We show 1 historical shares outstanding datapoints in our PGY shares outstanding history coverage, used to compute PGY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PGY market cap history over the course of time is important for investors
interested in comparing PGY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of PGY versus a peer is one thing; comparing
PGY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like PGY can fluctuate over the course of history.
With this page we aim to empower investors researching PGY by allowing them to research the PGY market cap history. |
Free PGY Email Alerts:
Video: The Importance of Market Cap
