U.S. stock market mid-session update: Linkhome down 7.92%

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2025.08.13 19:33
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Linkhome fell 7.92%; Costa fell 1.67%, with a transaction volume of USD 333 million; Zillow-C rose 4.78%, with a transaction volume of USD 271 million; Opendoor Tech fell 1.52%, with a transaction volume of USD 222 million; CBRE rose 1.86%, with a market value of USD 46.6 billion

U.S. Stock Market Midday Update

Linkhome fell 7.92%, with increased trading volume. According to recent important news:

  1. On July 24, Linkhome opened at $6.01 on its first day of IPO in the U.S., up 50% from the issue price of $4, triggering multiple trading halts due to significant price fluctuations, ultimately reaching a gain of 205.50%.

  2. On July 25, Linkhome's stock price surged nearly 130% at the beginning of trading but then fell back to 92%, triggering another trading halt.

  3. On July 25, Linkhome announced an expansion of its initial public offering size, and its stock price rose 36.77% in after-hours trading.

Stocks with High Trading Volume in the Industry

Costa fell 1.67%, with increased trading volume. According to recent important news:

  1. On August 12, MarketBeat pointed out that Costa was not included in the list of five stocks recommended by top analysts, despite its rating being a moderate buy, leading to a loss of market confidence and a 1.67% drop in stock price.

  2. On August 11, Superstar Legends issued a profit warning, expecting a 67% decrease in half-year profits, raising concerns in the market about related concept stocks, indirectly affecting Costa's stock price.

  3. On August 11, a Goldman Sachs report indicated that U.S. tariff costs are being passed on to consumers, which could lead to rising inflation and increased macroeconomic pressure, affecting market sentiment.

Zillow-C rose 4.78%, with a trading volume of $271 million. Based on recent key news:

  1. On August 13, Zillow Group released a new financial report showing that both its revenue and profits exceeded market expectations, leading to a 4.78% increase in stock price.

  2. On August 12, several executives from Zillow Group, including Chief Accounting Officer Jennifer Rock and Director April Underwood, reported the sale of the company's common stock, but it did not negatively impact the stock price.

  3. On August 11, market analysts maintained a "hold" rating on Zillow Group but noted that there are other better investment options.

Opendoor Tech fell 1.52%, with a trading volume of $222 million. Based on recent important news:

  1. On August 14, KBW downgraded Opendoor's rating to "underperform," with a target price of $1, due to weak guidance and a shift in sales model, expecting losses to widen, putting pressure on the stock price.

  2. On August 13, Opendoor reported its first adjusted EBITDA profit since 2022 but warned of a weak housing market, facing criticism from the CEO, leading to stock price volatility.

  3. On August 13, investors held a wait-and-see attitude towards Opendoor, rating it as "hold/neutral," with the stock price at $2.50, reflecting cautious market sentiment Stocks Ranked Among the Top by Market Capitalization in the Industry

CBRE Group rose 1.86%, with increased trading volume. Based on recent important news:

  1. On August 13, the head of the Asia-Pacific research department at CBRE Group stated that demand for commercial real estate in mainland China is stable, with a reduction in new land supply expected in the future, leading to a potential rebound in rental prices and driving the stock price up by 1.86%.

  2. On August 11, the technological advancements and efficient operations of global market capitalization champion companies were emphasized, boosting market confidence in large enterprises.

  3. On August 11, Liying Environmental Technology announced a significant increase in revenue, indicating strong demand in the semiconductor industry, which indirectly benefits the related real estate market