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NASDAQ:BLDR 11 January 2026 - 12 January 2026

Builders FirstSource stock jumps 12% as Trump’s mortgage-bond push rewires the housing trade

Builders FirstSource stock jumps 12% as Trump’s mortgage-bond push rewires the housing trade

Builders FirstSource closed up 12% at $124.66 Friday after President Trump ordered $200 billion in mortgage-bond purchases to push down rates. The 30-year fixed mortgage rate fell below 6% for the first time in nearly three years, according to Redfin. Housing starts data were mixed, and investors are watching Tuesday’s U.S. CPI report for the next signal on rates.
12 January 2026
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Stock Market Today

  • Steve Smith's $100,000 Koala Investment Poised for Major ASX Debut
    March 20, 2026, 9:29 PM EDT. Australian cricketer Steve Smith's early $100,000 Seed investment in Koala, a furniture startup, is set for a significant payoff as Koala prepares for a $68 million IPO on the ASX. The company, valued at $305 million, plans to use $10.1 million of fresh capital to retire debt. Co-founder Mitch Taylor is selling $8.3 million of shares but retains a 16.3% stake. CEO Dany Milham holds 20.7% of the company, with shares under escrow. Major shareholders include Perennial Partners with 22.7% and Alium Capital with 5%. Smith's initial 10% stake has diluted but was worth over $10 million by 2019. The listing is expected to reveal the full value of his holdings, potentially surpassing his cricketing earnings. Koala projects strong growth with a 62.4% revenue increase expected by FY26.
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