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Redfin ( NASDAQ: RDFN ) stock experienced its worst intraday slump since November 2022, plunging as much as 15.3% in Wednesday's session, after Needham analyst Bernie McTernan slashed his 2023 outlook for the U.S. housing market and reduced top-line estimates for the residential real ...
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 ...
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Compass to Announce Second Quarter 2024 Earnings on Wednesday, July 31 PR Newswire NEW YORK , July 1, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), the largest residential real estate brokerage in the United States by sales volume 1 , announces its...
Compass Strengthens Footprint in Southeastern U.S., Welcoming the Top Brokerage in Tennessee PR Newswire NEW YORK , May 13, 2024 /PRNewswire/ -- Compass, Inc. (NYSE: COMP) ("Compass"), the largest residential real estate brokerage in the United States by sale...
2024-05-09 03:00:14 ET Image source: The Motley Fool. Compass (NYSE: COMP) Q1 2024 Earnings Call May 08, 2024 , 5:00 p.m. ET Operator Continue reading For further details see: Compass (COMP) Q1 2024 Earnings Call Transcript