$COMP

A lawsuit alleges Compass's private-listing tactics inflated Manhattan rents. The dispute over listings between Compass and Zillow may impact home buyers and sellers. Compass is accused of limiting access to listings to drive up prices, according to the plaintiffs.

Compass Inc (COMP) shares fell 3.6% to $11.38, a 26.7% premium over its GF Value™ estimate of $8.98, indicating overvaluation. The stock has a GF Score™ of 67, with strong growth but weak profitability. Insiders sold $3.1M in shares over the past year, with no buying activity. The P/E ratio is 189.7x, below its 5-year median of 363.2x.

Christie's International Real Estate launched in Abu Dhabi, capitalizing on the city's booming real estate market. Abu Dhabi's residential sales hit AED 86.1 billion ($23.4 billion) in H1 2026, up 163.7% YoY. The new agency is owned by the team behind Christie's Dubai, leveraging the brand's global network. Abu Dhabi's market is driven by global capital, sovereign wealth, and high-net-worth population growth.

A federal class-action lawsuit accuses Compass, the nation's largest real estate brokerage, of monopolizing 80% of Manhattan rentals and inflating prices by hiding listings. Tenants claim they pay $5,270/month for one-bedroom apartments due to Compass' actions. Compass faces multiple investigations and lawsuits over market practices. Manhattan's median rent hit a record $5,000 last month, with only 1.4% of apartments available.

Compass, a real estate brokerage with 80% market share in Manhattan, is using REBNY's 'Participant Only' status to hide listings from the public, starving competitors like StreetEasy. Marketproof reports $1.9B of Manhattan homes are privately listed, with 78% previously public. Listings return at a median 6.4% lower price. Compass' actions are seen as monopolistic, potentially harming price discovery and consumer choice.

Compass reported strong Q2 earnings with $4.3B revenue and $92M net income, exceeding expectations. CEO Robert Reffkin criticized MLS rules, arguing they stifle competition. The company guided Q3 revenue between $3.85B and $4.05B. Regulatory scrutiny includes a House subcommittee inquiry and a NY AG review. Reffkin's strategy aims to route buyers to Compass listings, but its impact on sellers is debated.

Compound Finance approved a $52 million budget and revamped leadership to court institutional investors as DeFi demand cools. The protocol said assets locked fell to about $1.2 billion from a Sept 2021 peak of $12 billion. It plans to focus on real-world assets, partnerships, and credit infrastructure. COMP rose 11% to $17.97 on Aug. 18, per CoinMarketCap.

iHeartMedia’s KVET Austin expanded its sports show “The Morning Kickoff” to 6-9am, adding an hour of coverage ahead of the 2026 college football season. Audacy’s WPOW Miami “Power 96” marked its 40th anniversary with an alumni night. Compass Media Networks extended multi-year national audio rights for Big Ten basketball and football events, adding women’s tournament coverage starting 2027.

Compass CEO Robert Reffkin urged New York agents to temporarily de-list homes from StreetEasy starting in August as part of its “Fall Marketing Playbook.” StreetEasy data showed Manhattan listings down 7% week over week in early August and 11% since month start by week two. StreetEasy criticized the move; Compass said listings remain in RLS. RealPlus data through Aug. 13 found 18% of Compass listings moved off-market vs 6% Douglas Elliman and 8% Brown Harris Stevens.

Compound Foundation said it will spend $52 million over two years to build institutional credit infrastructure based on the 2018 Compound lending protocol. It named executives recruited from Coinbase Custody, Anchorage Digital, NEAR Foundation and Maple Finance. The budget was approved via COMP Proposal 582 on May 10. Compound V2 and V3 hold about $1.23 billion in deposits, per DefiLlama.