Comstock Holding Companies: Surges on strong quarterly revenue

Comstock Holding Companies

29/05/2020 15:44

** Shares of homebuilder  CHCI.O  jump as much as 45% to
$2.9, set for its best session since April 2015 
    ** Co says Q1 revenue jumps 43% to $7 mln helped by strong
performance of its asset management and real estate services
units  urn:newsml:reuters.com:*:nGNX4RzhMj
    ** Says an addition of about 140,000 square foot office
building led to an increase in assets under management 
    ** CHCI says it secured a $10 mln revolving capital line of
credit in Q1
    ** Stock up ~35% YTD
    

 (Reporting by Shivani Kumaresan in Bengaluru)