Compass (COMP) Stock Jumps 9% on Merger Approval and Raised Q4 Guidance

TLDR Compass COMP stock rose 9.3% after raising Q4 revenue guidance to high end of $1.59B-$1.69B range Shareholders approved Anywhere Real Estate merger with 99% of Compass votes and 72.4% of Anywhere votes Company announced $750 million convertible notes offering due 2031 to fund merger Compass added 800 agents in Q4 and adjusted EBITDA expected [...]

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