COMP News and Press, Compass Inc. Class A From 01/17/23

Summary Real estate agents are very important in the value chain, and existing technologies serving them are not effective enough. Compass, Inc. enjoys a strong flywheel effect as it grows. Recent share price movement has closed the gap between Compass, Inc.'s price and near-term in...

Summary Shares of Compass, down roughly 60% over the past twelve months, have rebounded ~50% after hitting lows below $2 in November. The company's revenue is down -14% y/y, but driven largely by macro headwinds impacting real estate transactions. Compass has held onto its leading m...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Recent housing market layoffs have rekindled fears of a real estate recession. What do recent staff cuts from the likes of Compass (NYSE: COMP ) and Anywhere Real Estate (NYSE: HOUS ) mean for housing going forw...

Compass to Present at 25th Annual Needham Growth Conference PR Newswire NEW YORK , Jan. 9, 2023 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading technology-enabled residential real estate brokerage, today announced that Robert Reffkin , Founder and ...

Compass Inc ( NYSE: COMP ) – the American licensed real estate broker just announced its third round of layoffs in the midst of its push to cut costs. Shares are up nearly 15% on Monday. Compass could be free cash flow positive in 2023 In a recent filing with the U.S. Securitie...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Michael Vi / Shutterstock.com Nio (NYSE: NIO ) stock isn’t doing so hot on Friday and investors can look to rival EV maker Tesla (NASDAQ: TSLA ) to understand why. The big news NIO trade...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Tada Images / Shutterstock.com Compass (NYSE: COMP ) layoffs are a hot topic among traders on Friday as the real estate firm further reduces its headcount. According to a filing with the U.S. Securities ...

The steep rise in mortgage rates to 5.7% from 2.98% a year earlier, has hampered housing affordability, Redfin notes that the median asking price of newly-listed homes for sale retreated 1.5% from the all-time high in the spring, and a record-high share of sellers dropped the...

Gainers: VIQ Solutions ( VQS ) +14% . Chindata Group ( CD ) +11% . Cyngn ( CYN ) +10% . Samsara ( IOT ) +10% . Compass ( COMP ) +9% . Losers: Ichor ( ICHR ) -14% . Axcelis Technologies ( ACLS ) -12% . Onto Innovation ...

Opendoor Technologies ( NASDAQ: OPEN ) stock slid 6.8% Tuesday regular trading hours as real estate stocks, especially those with a tech focus continue to exhibit weakness. As the Federal Reserve raises interest rates, mortgage rates also climb, making home purchases m...