In advance of tomorrow’s long-awaited IPO, the brokerage also slashed the number of shares it expects to sell to 25 million from its initial goal of up to 36 million.
Source: Inman News
Compass cuts IPO price range to $18-$19 per share from $23-$26
More from BrokerageMore posts in Brokerage »
- Bye bye bye: Leave your team — without losing your connections
- Reliance helps South Dakota’s oldest brokerage embrace the new
- Homebuyers emboldened in wake of $418M NAR settlement: Intel poll
- Pulte objects to Sitzer | Burnett settlements: What’s in it for me?
- What’s the craziest thing you’ve heard about commissions? Pulse
More from compassMore posts in compass »
- Coldwell wins St. Louis agent Laura MacDonald back from Compass
- Recruiting War ’24: For brokerages, headhunt pivots to cream of crop
- Top South Florida agent Danilo Tavares leaves Elliman for Corcoran
- 2022 Deal of the Year winner David Mayer returns to Compass
- R New York becomes 1st big brokerage to join NAR challenger
More from compass ipoMore posts in compass ipo »
- How a strong culture is getting Compass through tough times
- Robert Reffkin gets real at Compass REtreat: ‘Hope is not a strategy’
- ‘Stock is not the company:’ Robert Reffkin on Compass 1 year after IPO
- In 2022, Compass is all about playing ‘the long game’
- Robert Reffkin wants Compass to be the Amazon of real estate
More from ipoMore posts in ipo »
- ‘Substantial doubt’ that WeWork can stay afloat, company says
- 8 big reveals from Mauricio Umansky’s book ‘The Dealmaker’
- Keller Williams’ sales dip in US as agent count takes big leap overseas
- Compass faces first downturn amid pressure to cut costs
- Keller Williams parent company CEO Carl Liebert departs
More from robert reffkinMore posts in robert reffkin »
- Compass acquires 3,100-agent Gulf Coast giant Latter & Blum
- ‘Million Dollar Listing’ star Josh Flagg leaves Elliman for Compass
- Compass lifts agent count in Q4 but falls short of positive cash flow
- WATCH: Robert Reffkin talks portals, agents, the NYC subway
- ‘The vibe is pretty good’ as first earnings season of 2024 kicks off
More from stock marketMore posts in stock market »
- Opendoor posts significant decline in revenue but narrows losses in Q4
- The role of the buyer’s agent isn’t ending. It’s evolving
- Will Q3 earnings keep real estate mired in a ‘Groundhog Day’ loop?
- Opendoor rebounds with profitable Q2 despite steep revenue decline
- Will the second quarter of 2023 match real estate’s Q1 meltdown?
More from TechnologyMore posts in Technology »
- Reliance helps South Dakota’s oldest brokerage embrace the new
- Big Tech loses its appetite for office space, adding to landlord woes
- Agents feel the pain as BoomTown outage extends into another week
- BoomTown is dealing with a service outage. Now agents want answers
- HappyCo unveils joyful AI solution for multifamily property managers
More from wall streetMore posts in wall street »
- Compass lifts agent count in Q4 but falls short of positive cash flow
- Redfin sees revenue fall, losses mount amid tough market in Q4
- Zillow sees revenue dip in Q4, but manages to trim losses
- Cost cutting and existentialism: What to expect from earnings
- Compass went public 2 years ago. Can it recover from its stock slump?
Be First to Comment