Redfin and Compass lay off a combined 900 as mortgage interest rates climb (techcrunch.com)

Compass’ stock was trading at $4.42 per share midday, down from a 52-week high of $17.70. Redfin’s shares were down to $8.16, compared to a 52-week high of $65.41. Its market cap is $874 million, while Compass is currently valued at $1.885 billion.