Rightmove agrees new contract with OpenRent

Rightmove

662.40p

16:54 09/09/24

1.32%

8.60p

Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.

FTSE 100

8,270.84

17:14 09/09/24

n/a

FTSE 350

4,557.85

16:49 09/09/24

n/a

FTSE All-Share

4,513.72

17:14 09/09/24

n/a

Real Estate Investment & Services

2,540.04

16:49 09/09/24

0.57%

14.33

Shares in the property portal fell sharply on Tuesday after it announced that OpenRent was planning to end its contract with effect from 1 September, as the two had not been able to agree terms.

However, shares jumped on Thursday afternoon on news of a new contract, ending up 2.75% at 532.40p.