Shares of Compass (NYSE: COMP) surged 13.9% after announcing a $750 million convertible senior notes offering and providing positive guidance. The company expects fourth-quarter revenue to be at the high end of $1.59 billion-$1.69 billion, with EBITDA at or above $35 million-$49 million. Compass also added 800 agents in the quarter, showing operational growth. Investors are optimistic despite the debt raise, as Compass plans to use the funds for acquisitions and general corporate purposes. The company’s tech investments paid off in 2025, and the acquisition of Anywhere Real Estate will double its size, signaling continued growth potential in 2026.

Read more at Nasdaq.: Why Compass Stock Popped Today