Earnings Results: Declining real-estate market leads Compass execs to cut forecast and costs; stock plunges

earnings-results:-declining-real-estate-market-leads-compass-execs-to-cut-forecast-and-costs;-stock-plunges

Compass Inc. shares plummeted in after-hours trading Monday, after the real-estate brokerage and tech provider slashed its annual revenue guidance and revealed plans to cut costs due to a downturn in the housing market.