Shouldn’t do reverse split
$Pagaya Technologies (PGY.US)$ - personally, i think it is better for pagaya not to do the reverse split as the price is trading at 40% lower from the reverse split price of $18 and the volume is much much lower than before. doesnt seems like big funds are buying into the shares as this was 1 of the main reason the company decided to do a reverse split to meet certain pricing threshold to allow bigger funds to buy and own the shares. so far, doesn’t seems like the strategy is workimg.
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RaeSwain2424 : totally disagree time will show you
Sikander KHAN : Reverse spit is always good for long term as it will attract HNIs and big pocket investor. We can see see alomost doube from this level if they could able to minimize their debt and add more client from other geographincal geion e.g., South America, Afria, China and India.