Key facts
- Compass' stock price fell nearly 13% on Wednesday.
- The New York Attorney General's office is investigating Compass.
- The investigation is related to antitrust concerns.
Compass' stock price experienced a significant decline of nearly 13% on Wednesday. This drop occurred after the announcement that the New York Attorney General's office has initiated an investigation into the brokerage firm. The investigation is centered around antitrust concerns, though specific details of the alleged violations were not immediately disclosed. The market reacted sharply to the news, impacting the company's valuation.