You Searched For "compass stock" and got 20 results
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1 min read
A booming stock market means homebuyers will be more tolerant of high mortgage rates, Compass CEO says
Interest rates on home loans may be ticking up, but "you don't need 6% mortgage rates when the stoc…
Aruni Soni
1 min read
Real estate stocks plunge as NAR agrees to landmark settlement that rewrites rules on commissions
The $418 million settlement will effectively eliminate the long-standing 6% commission, which has b…
Phil Rosen
2 mins read
Real estate stocks crater as new fears of a prolonged US housing market slump trigger wave of job cuts
Real estate stocks Redfin and Compass have both dropped 25% over the last five days as the US housi…
Phil Rosen
3 mins read
Compass CFO Kristen Ankerbrandt explains how the fast-growing brokerage company can reap profits
After its IPO, Compass continues to acquire a series of companies that are complementary to Compass…
Daniel Geiger
2 mins read
US stocks hit record highs for the 2nd day in a row as bond yields ease
Investors are turning their attention to fourth-quarter earnings results and the release of US GDP …
Matthew Fox
1 min read
Online real estate platform Compass eyes $10 billion valuation in US IPO
Softbank-backed Compass is eyeing a $10 billion valuation and hopes to raise $936 million in an IPO…
Will Daniel
1 min read
Compass cuts IPO price range and downsizes deal ahead of public debut
The SoftBank-backed residential brokerage firm cut it its IPO price range from $23-$26 to $18-$19 a…
Emily Graffeo
2 mins read
Online real estate brokerage Compass surges as much as 22% in public debut
Compass jumped as much as 22% in its public debut on Thursday after a downsized IPO raised $450 mil…
Will Daniel
2 mins read
A Los Angeles superagent with a team of 160 that's sold $1.6 billion in real estate this year is leaving Compass: 'It's no secret that Compass is in a difficult situation'
Aaron Kirman, a top agent in Los Angeles, is leaving Compass for Christie's, a brokerage with more …
Dan Latu
5 mins read
Compass is reeling from a horrible year, from financial losses to tech troubles to mass layoffs
With home sales dipping amid rising interest rates, Compass has cut workers and bled cash. CEO Robe…
Matt Turner,Daniel Geiger,Jordan Parker Erb,Hallam Bullock
3 mins read
'Selling Sunset' broker Jason Oppenheim says 'Compass basically destroyed the brokerage model for the entire industry'
Oppenheim called the amount Compass brokers get to keep from commissions "unsustainable," but Compa…
Dan Latu
2 mins read
The US IPO market just had its busiest quarter in over 20 years - but newly public stocks are underperforming, a Renaissance Capital report finds
102 companies went public in the first quarter of 2021. But the stock prices of a number of newly l…
Emily Graffeo
3 mins read
Compass employees question the real-estate brokerage's cost cutting, saying it threatens the startup's tech ambitions
Compass, which lost roughly $6 billion since its 2021 IPO, is racing to cut costs. Plus, there's an…
Kaja Whitehouse
3 mins read
6 important things everyone should know about Robert Reffkin, who left a successful career at Goldman Sachs to take a chance on real estate - and is now poised to become America's youngest Black billionaire
At 15, Robert Reffkin founded his first company, a DJ business called Rude Boy Productions, with ba…
Natasha Dailey
2 mins read
A new ETF is investing in companies based on the character of their CEOs, and Tesla's Elon Musk didn't make the cut
ROC Investments uses proprietary tools to analyze the public language of company CEOs and score for…
Matthew Fox
2 mins read
Peloton stages a rebound after stock plunge as the CEO says it is resetting production for sustainable growth
"We feel good about right-sizing our production," Peloton CEO John Foley told employees in a letter…
Carla Mozée
3 mins read
China's crackdown on crypto slashed competition for North American bitcoin miners - and earnings are soaring to record highs as a result
Earnings reveal that non-Chinese mining firms produced more bitcoin in the second quarter amid Chin…
Emily Graffeo
2 mins read
JPMorgan adds VC bankers - Compass shrinks IPO - Goldman backs cloud data startup
The top finance stories for April 1, including the latest news on Compass' IPO, Goldman Sachs, JPMo…
Dan DeFrancesco,Jordan Parker Erb
2 mins read
Activision is top non-FAANG tech stock with new Diablo and Call of Duty games in the pipeline, says Morgan Stanley
The investment bank looked at Activision Blizzard's pipeline as the company faces as sexual harassm…
Carla Mozée
2 mins read
DoorDash, Honest Co., and other recently IPOed stocks tumble amid a broader market sell-off
Newly public companies including Shoals Technologies, Snowflake, and Bumble, and Compass hit all-ti…