Less than four months after peaking at a valuation of around $20 billion and becoming Israel's highest-valued company for a short time, fintech company Pagaya is now in danger of being delisted by Nasdaq.The surge in Pagaya stock earlier this year never seemed sustainable, but the fall back down to Earth has been even more painful than expected. The company has lost over 97% of its value since peaking at the beginning of August, falling to a market cap of $681 million entering Thanksgiving.Pagaya went public on Nasdaq at an $8.

https://www.calcalistech.com/ctechnews/article/s1djs1auj

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