RTMVY / Rightmove: Strong Business, Undervalued Due To U.K. Macro Concerns

Rightmove plc is a British online property portal serving buyers, sellers, renters, and landlords. It is one of the 20 holdings of the publicly shared more_horizontal

Rightmove PLC (LSE:RMV) shares have plunged 11% following news of a takeover bid for its rival OnTheMarket from US peer, CoStar. Analysts said the mo more_horizontal

Rightmove plc (OTCPK:RTMVF) H1 2023 Results Earnings Conference Call July 28, 2023 2:00 AM ET Company Participants Johan Svanstrom - Chief Executive O more_horizontal

Rightmove, the UK's largest property portal, reported a strong financial performance in its earnings report for the six months ending June 30, 2023, w more_horizontal

Rightmove, the UK's leading online property sales website, has a strong market position with a share of 88% among the top four property portals in 202 more_horizontal

The United Kingdom is a former superpower and has the sixth-largest economy in the world. It generated solid 4% gross domestic product growth in 2022 more_horizontal

Average new seller asking prices on homes fell for the first time this year, suggesting buyer affordability constraints and pricing realism is now in more_horizontal

Rightmove is the leading property portal in the UK, with more market share than all its main competitors combined. It benefits from a very strong comp more_horizontal