Comment on Earnings Results: Declining real-estate market leads Compass execs to cut forecast and costs; stock plunges

Earnings Results: Declining real-estate market leads Compass execs to cut forecast and costs; stock plunges

Compass Inc. shares plummeted in after-hours trading Monday, after the real-estate brokerage and tech provider slashed its annual revenue guidance and revealed plans to cut costs due to a downturn in the housing market.

 

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