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La Rosa Holdings Soars 178.75% on Agent Network Expansion
Generated by AI AgentAinvest Pre-Market Radar
Friday, Jul 4, 2025 5:17 am ET1min read
On July 4, 2025,
experienced a remarkable surge, rising 178.75% in pre-market trading, marking a significant milestone in the company's growth trajectory.La Rosa Holdings has achieved a notable milestone by surpassing 3,000 real estate agents in its network. This expansion is a testament to the company's growing influence and reach in the real estate market. Additionally, the company reported preliminary unaudited revenue of $38.4 million for the first half of 2025, reflecting a 19.4% year-over-year growth compared to the same period in 2024. This financial performance underscores the company's strong market position and operational efficiency.
To address compliance issues with Nasdaq, La Rosa Holdings has announced an 80-for-1 reverse stock split, effective July 7, 2025. This move aims to meet Nasdaq's minimum bid price requirement, which is crucial for maintaining the company's listing status. The reverse split will reduce the number of outstanding shares from 58.3 million to approximately 729,000, potentially attracting larger investors and stabilizing the stock price.
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