brandonlin
July 08, 2021
It took Compass just three months as a public company to lose more than $3 billion of market value.
The stock closed at $12.25 on Wednesday, a new low that gave the company a market value of $4.7 billion. That’s a drop of 39 percent from its starting price of $20.15 at its April 1 debut on the New York Stock Exchange. At that price, the company was worth about $7.8 billion.
Industrial / Logistics Archives | Page 22 of 55 | CREtech
It took Compass just three months as a public company to lose more than $3 billion of market value.
The stock closed at $12.25 on Wednesday, a new low that gave the company a market value of $4.7 billion. That’s a drop of 39 percent from its starting price of $20.15 at its April 1 debut on the New York Stock Exchange. At that price, the company was worth about $7.8 billion.
The technology firm has a proprietary web-based software that provides real-time, online quotes for commercial real estate debt to streamline the loan application and origination process.
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IWG has been growing its footprint.
IWG has signed franchise agreements with 20 new partners so far this year that will produce 110 new coworking locations under IWG brands,
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