Sean Black, co-founder and CEO of Knock, talks about his announcement to take the company public in 2020. Knock allows homeowners to sell or trade in their home for a better one.
Black says the company decided to announce its IPO plans two years in advance thanks to his affinity for the NYSE. The NYSE also reserved Knock's ticker symbol: KNCK.
Black says the difference between Knock and a competitor like OpenDoor is that Knock will help homeowners purchase their next home, while OpenDoor will not. Black says OpenDoor also charges fees on top of the usual 3% for brokers.
The Court of Appeals for the Federal Circuit on Thursday allowed the president to temporarily continue collecting the tariffs under the emergency powers law while he appeals the trade court’s decision.
Macy’s sales and profit slipped in its first quarter and the department store, citing more cautious customers and the impact that a trade war launched by the U.S., trimmed its profit forecast for 2025.
