Compass Inc. Shares Fall on Report of NY AG Antitrust Probe (1)

(Updates share move and decline to comment statements in last bullet)

Compass Inc. shares fall as much as 17%, the most intraday since September, after The Real Deal (TRD) said the antitrust division of the New York Attorney General’s Office is investigating Compass’ footprint in the New York market.

• “Agents with the department have reached out to leaders at some of New York City’s top brokerages, requesting information as part of an inquiry into the residential giant,” according to a message viewed by TRD
• NOTE: Jan. 9, Compass completed its all-stock combination with Anywhere Real Estate Inc.
• The AG office ...