Company taps into $28 trillion market with new equity product
Offering billed as a "totally next-generation" product for the industry
Stay updated with breaking news from Blend Platform. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Offering billed as a "totally next-generation" product for the industry
It has shed 25% of its workforce to stem losses
Blend Labs, Inc. (NYSE:BLND – Get Rating) was the recipient of a large decrease in short interest in July. As of July 31st, there was short interest totalling 14,080,000 shares, a decrease of 6.9% from the July 15th total of 15,120,000 shares. Based on an average daily volume of 2,360,000 shares, the days-to-cover ratio is […]
It has shed 25% of its workforce to stem losses
Blend Labs Inc. says it has cut 25% of its workforce since April as it struggles to improve its financial position following a $478 million loss in the second quarter.