COMP

Compass, Inc.

2.91
USD
-11.01%
2.91
USD
-11.01%
1.84 11.02
52 weeks
52 weeks

Mkt Cap 1.18B

Shares Out 406.78M

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Compass jumps 13% on report of Vista Equity takeover interest

An additional private equity firm may also be involved in a possible transaction, according to an Insider report. A Compass representative told the publication that "no private equity firm has contacted Compass expressing any interest in taking the company private." Compass (COMP) shares have dropped 86% since the tech-centric real estate went public in late March of last year. Compass has a market cap of $1.05 billion. Last month Compass (COMP) executed another round of lay-offs as part of its previously announced cost reduction efforts that aims to achieve $320M in target run rate saving.

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