Pagaya reiterated at Buy as B. Riley sees benefits from Walmart-Klarna deal; stock gains

Pagaya Technologies (NASDAQ:PGY) stands to gain from Walmart’s (WMT) shift to Klarna (KLAR) as its new exclusive provider of buy now, pay later services, according to B. Riley Securities. PGY shares climbed 7% in Monday afternoon trading.

Earlier in the session, Klarna (