Pagaya Technologies is trading down 5.1% at $17.77, with the specific catalyst for the September 25 move unclear. - The decline follows a 9.87% drop on September 23. - No fresh company-specific announcement explaining the move was identified. The latest releases were a $460 million revolving personal-loan facility on September 22 and an auto-loan agreement announced September 16. - Broader markets are higher, so the decline does not clearly track overall market direction.