Compass stock roars back to August levels on cost-cutting progress

Nov. 11, 2022 11:09 AM ETCompass, Inc. (COMP)HOUS, RMAX, RDFN, OPEN, OPADBy: Max Gottlich, SA News Editor17 Comments

Home for sale with real estate sign. Front Yard.

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Compass (NYSE:COMP) stock spiked as much as 70% to the highest level since mid-August as investors praised the tech-focused real estate brokerage's signal that it may cut costs more than previously expected.

The company, though, issued Q4

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