$12.360
-1.143 (-9.25%)At close
RMAX News
RMAX Events
Real Brokerage Completes Final Order for Merger with RE/MAX
The Real Brokerage (REAX) and RE/MAX Holdings (RMAX) announced that the Supreme Court of British Columbia has granted the final order in connection with the previously announced arrangement of Real pursuant to the terms of the Arrangement Agreement and Plan of Merger dated April 26, 2026, as amended on June 12, 2026, between Real and RE/MAX Holdings. Real's proposed acquisition of RE/MAX Holdings was approved by Real's securityholders and RE/MAX Holdings' stockholders at their respective special meetings held on August 14, 2026. The arrangement is one component of the transaction contemplated by the Merger Agreement. Subject to the satisfaction or waiver of any remaining closing conditions, the parties expect the transaction to close on August 24, 2026
Company Reports Q2 Revenue of $68.5M
Reports Q2 revenue $68.5M, consensus $73.53M.
Company Reports Q1 Revenue of $70.23M, Below Consensus
Reports Q1 revenue $70.23M, consensus $73.21M. Total agent count increased 2.1% to 149,192 agents. The company said, "In light of the proposed merger, the Company is not hosting a quarterly earnings call and does not expect to do so for future quarters. In addition, the Company does not intend to provide quarterly or annual guidance while the transaction is pending."
Major Averages Close Mixed Amid Escalating Geopolitical Tensions
The major averages had a mixed close amid stalled peace negotiations between the U.S. and Iran as well as new escalation in the Strait of Hormuz. Investors are also balancing continued strength in corporate earnings and AI-driven optimism with rising geopolitical tension and macro uncertainty.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Verizonprovided areport for Q1Domino's Pizzareportedand announced an additional $1B share repurchase programShellARC Resourcesfor C$32.80 per shareSun PharmaOrganonfor $14 per share in an all-cash transactionChina has blocked Meta's2. WALL STREET CALLS:Snapto Buy at Rothschild & Co RedburnRothschildPinterestto Neutral from BuyMizuhoAdobeon intensifying competition from AIMizuhoCrowdStrike, citing "numerous exciting growth avenues"Campbell'sto Market Perform at Bernstein3. AROUND THE WEB:Rogers Communicationsis offering voluntary buyouts to half of its staff, Globe and Mail reportsGoogleemployees are urging CEO Sundar Pichai to block military AI use, FT reportsSamsungplans to withdraw from China's home appliance and television market this year, Nikkei Asia reportsBig tech companies are preparing to spend hundreds of billions of dollars on AI infrastructure, with most of their plans dependent on ASML, WSJ saysBayeris hoping the U.S. Supreme Court can reduce or simplify the lawsuits over its Roundup weedkiller and potentially corral litigation that has cost the company over $10B, Bloomberg says4. MOVERS:Veradermicsgained after announcing its Phase 2/3 trial of VDPHL01RE/MAX Holdingsincreased after announcing it will befor $13.80 per shareFlowserve (FLS) rose afterthat Starboard has built a stake in the company and is pushing for changesCompass Therapeuticswas lower afterfrom its COMPANION-002 studyPoet Technologiesfell afterof Celestial AI purchase orders5. EARNINGS/GUIDANCE:Lakeland Financial, with CEO David Findlay commenting, "We started 2026 with robust, record net income for the second consecutive quarter"HBT Financial, with EPS and revenue beating consensusRepay Holdingsreportedand reaffirmed its guidance for FY26WWreaffirmed itsand FY26 financial guidanceGold RoyaltyreportedINDEXES:The Dow fell 62.92, or 0.13%, to 49,167.79, the Nasdaq gained 50.50, or 0.20%, to 24,887.10, and the S&P 500 advanced 8.83, or 0.12%, to 7,173.91.
Major Averages Decline Amid Stalled US-Iran Peace Talks
The major averages were broadly lower amid stalled peace negotiations between the U.S. and Iran as well as new escalation in the Strait of Hormuz. Investors are also balancing continued strength in corporate earnings and AI-driven optimism with rising geopolitical tension and macro uncertainty.The collapse of U.S-Iran peace talks has pushed oil prices higher, raising fresh concerns about inflation and global growth. Of note, Iran's Foreign Ministry spokesperson has said that no meeting between the U.S. and Iran is currently planned.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Verizonprovided areport for Q1Domino's Pizzareportedand announced an additional $1B share repurchase programShellARC Resourcesfor C$32.80 per shareSun PharmaOrganonfor $14 per share in an all-cash transactionChina has blocked Meta's2. WALL STREET CALLS:Snapto Buy at Rothschild & Co RedburnRothschildPinterestto Neutral from BuyMizuhoAdobeon intensifying competition from AIMizuhoCrowdStrike, citing "numerous exciting growth avenues"Campbell'sto Market Perform at Bernstein3. AROUND THE WEB:Samsungplans to withdraw from China's home appliance and television market this year, Nikkei Asia reportsAmazonhas entered a multiyear licensing deal with Oprah Winfrey, NY Times reportsBig tech companies are preparing to spend hundreds of billions of dollars on AI infrastructure, with most of their plans dependent on ASML, WSJ saysSouth Korea and Googlehave agreed to establish an AI campus in Seoul to strengthen collaboration with local engineers and startups, Reuters reportsBayeris hoping the U.S. Supreme Court can reduce or simplify the lawsuits over its Roundup weedkiller and potentially corral litigation that has cost the company over $10B, Bloomberg says4. MOVERS:Veradermicsgains after announcing its Phase 2/3 trial of VDPHL01 met allRE/MAX Holdingsincreases after announcing it will befor $13.80 per shareNokia (NOK) higher in New York after Argusthe stock to Buy from HoldCompass Therapeuticslower afterfrom its COMPANION-002 studyPoet Technologiesfalls after announcing thepurchase orders5. EARNINGS/GUIDANCE:Lakeland Financial, with CEO David Findlay commenting, "We started 2026 with robust, record net income for the second consecutive quarter"HBT Financial, with EPS and revenue beating consensusRepay Holdingsand reaffirmed its guidance for FY26WWreaffirmed itsand FY26 financial guidanceGold RoyaltyINDEXES:Near midday, the Dow was down 0.25%, or 123.57, to 49,107.14, the Nasdaq was down 0.28%, or 68.97, to 24,767.63, and the S&P 500 was down 0.14%, or 9.68, to 7,155.40.
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