PGY Struggles on First Day, PSNY Up Next

PGY Struggles on First Day, PSNY Up Next

DeSPAC PGY Falls on Day 1, with Polestar Next to Debut Podcast: Know Who Drives ReturnDaily SPAC NewsletterFull SPAC Listing EJF Acquisition (EJFA) officially closed and began trading as Pagaya (PGY) today, as shares swiftly dropped another (15)% to close at $5.95....
Can Redfin Find Its Way to Profitability?

Can Redfin Find Its Way to Profitability?

CEO Glenn Kelman says Redfin will post an operating profit this year. Headcount reductions are a good start. Redfin layoffs. Real estate brokerage Redfin (RDFN) is laying off about 470 workers, or 8% of its workforce. Compass (COMP) also announced earlier this week a...