Previous close | 0.4530 |
Open | 0.4460 |
Bid | 0.4500 x 300 |
Ask | 0.4752 x 200 |
Day's range | 0.4460 - 0.4620 |
52-week range | 0.3000 - 62.9100 |
Volume | |
Avg. volume | 1,174,632 |
Market cap | 349.087M |
Beta (5Y monthly) | 1.65 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Better.com stock got hammered this week in its Nasdaq debut. Though its one-day drop was sharp, it is far from the only company to be judged so harshly by the market.
Mortgage rates surged to a 22-year high according to the latest numbers from Freddie Mac. Online mortgage lender Better Home and Finance (BETR) made its debut on the Nasdaq, with shares sinking 93% on its first day of trading. Boston Fed Reserve President Susan Collins told Yahoo Finance that more rate hikes may be needed to tame inflation. Yahoo Finance Live breaks down Thursday's top stories.
Online mortgage lender Better (BETR) shares plummet after going public on Thursday. Kevin Ryan, Better President & CFO, joins Yahoo Finance Live to discuss the company's public debut, its SPAC merger with Aurora Acquisition Corp (AURC), and the outlook for the company. Ryan spoke about why the deal made sense for the company now despite this being a poor time for mortgage lenders. The Better President & CFO said, "Were there other deals possible? Yes. Were any as attractive as this deal? ... We thought this was just simply the best answer."