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U.S. mortgage lender Better’s shares sink in Nasdaq debut

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investors fret over record-high rates

Shares in online mortgage lender Better’s new public listing plummeted on Thursday as investors fretted over record-high mortgage rates.

In the interim, roughly 95% of Aurora shareholders redeemed their holdings, leaving the trust account with just about $24 million at the end of June from about $283 million. Aurora went public in March 2021.

 

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