Reported 2 months ago
Compass, the leading real estate brokerage in the U.S., has seen its stock drop 79% but shows signs of potential recovery as the housing market stabilizes and interest rates may decline. The company has focused on growing its agent base and improving its technology, resulting in a 14% revenue increase in the latest quarter. If the housing market rebounds, Compass could benefit significantly, making its current low valuation an attractive opportunity for investors.
Source: YAHOO