Linkhome Shares Soar After IPO

Dow Jones

2025/07/26

By Katherine Hamilton

Linkhome shares are climbing following the real-estate company's initial public offering.

The stock gained 72% to $9.71 Friday after making its Nasdaq debut at $4 a share on Thursday.

Linkhome offered 1.5 million shares for a total of $6 million, above the 1.25 million shares it had said it planned to offer in a preliminary filing with the Securities and Exchange Commission.

Shares were paused several times on Thursday as the price swung to as high as $22.33 at one point, and closed at $5.63.

Linkhome offers a real-estate AI model called HomeGPT to help consumers buy, sell, finance and renovate houses. It aggregates listings, data analytics and transaction services in one place to help customers search for properties, calculate financing and schedule showings.

The Irvine, Calif., company plans to use the proceeds from its IPO to intensify its marketing and advance its technology, including rolling out its cash-off product.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

July 25, 2025 12:20 ET (16:20 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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