Pagaya Technologies Ltd. (PGY) surged 14.96% in pre-market trading to $36.05 after reporting Q2 2025 results that significantly exceeded expectations.
Adjusted earnings soared 540% year-over-year to $0.64 per share, topping estimates of $0.57, while revenue rose 26.92% to $317.71 million, also beating forecasts. The strong financial performance is driving the sharp stock move.