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How much is better com worth today?
It shot to more than $90 per share in 2021 after that news, and is today worth $14, trading as high as $30.98 in the last year. As shares of Better.com’s SPAC partner (Aurora Acquisition Corp.) traded higher than $10 per share before the combination was consummated, its percentage declines today are steeper.What is better home & finance holding company (betr)?
Better HoldCo, Inc. and Aurora are creating Better Home & Finance Holding Company, which will have Class A common stock listed on the Nasdaq under the ticker “BETR” starting Thursday. The deal will unlock $565 million of fresh capital for an unprofitable company.How much did better com lose in the first quarter?
The company has reported a net loss in several quarters in a row, although it has managed to somehow narrow that loss through what CEO Vishal Garg described as $1 billion in cost-cutting measures. Better.com posted a net loss of $89.9 million in the first quarter and slashed about 91% of its workforce over an approximately 18-month period.