SoftBank-backed real estate giant Compass valued at $8.2B in NYSE debut

Shares of SoftBank-backed Compass jumped 18 percent in their stock market debut on Thursday, giving the real estate brokerage firm a market value of $8.22 billion, after being priced at the lower end of the reduced initial public offering price range. The stock opened at $21.25, above the IPO price of $18 per share. The company,… Continue reading at New York Post