Compass shares soar 18% in trading debut
Residential brokerage Compass' shares soared 18% in their trading debut Thursday, after the company's initial public offering priced at $18, the low end of an already reduced range.
From the Equity Insider archive. This article dates from Apr 3, 2021 and is preserved as first published.
Residential brokerage Compass’ shares soared 18% in their trading debut Thursday, after the company’s initial public offering priced at $18, the low end of an already reduced range.
Compass had cut its price range to an $18-$19 range from $23 to $26, and cut the number of shares on offer to 25 million from 36 million. SoftBank owns just over a third of the company.
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