Shares of Compass Inc. rallied 2.2% in premarket trading Tuesday, after the online real estate platform said it will cut jobs as part of a cost-cutting plan. The company did not detail the number of employees that will be laid off, but said a “significant portion” will in the product and engineering team. The company said it will record a charge of $23 million to $26 million for severance and other termination benefits. The company had 4,775 employees as of Dec. 31. The company said it targets a reduction in adjusted operating expenses to $1.05 billion to $1.15 billion. The stock has tumbled 29.2% over the past three months through Monday, while the S&P 500 SPX,
Ichimoku Cloud Analysis 28.03.2024 (GBPUSD, XAUUSD, NZDUSD)
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is testing the indicator’s signal lines. The pair is going below the Ichimoku Cloud, which suggests a