Shares of Better Home & Finance Holding Company (BETR) are moving down about 24 percent on Wednesday morning trading after the company announced $1.64 billion in preliminary funded loan volume for the first quarter of 2026 exceeding prior guidance.
The company's stock is currently trading at $33.96, down 24.32 percent or $10.88, over the previous close of $44.84 on the Nasdaq. It has traded between $9.80 and $94.06 in the past one year.
The company also announced pricing of an underwritten public offering of about 1.875 million shares of its Class A Common Stock, par value $0.0001 per share, for total expected gross proceeds of approximately $60 million before underwriting discounts and commissions and offering expenses.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.