QuinStreet shares are trading higher after the company announced a definitive agreement to acquire HomeBuddy for $115 million in cash and $75 million in post-closing payments.

Quinstreet Announces Agreement To Acquire Homebuddy

Dec 3 (Reuters) - Quinstreet Inc:* QUINSTREET ANNOUNCES AGREEMENT TO ACQUIRE HOMEBUDDY* QUINSTREET INC - TO BUY HOMEBUDDY FOR $115 MILLION CASH* QUINSTREET INC: TO BUY HOMEBUDDY FOR $115 MILLION IN CASH AT CLOSING & $75 MILLION IN POST-CLOSING PAYMENTS PAYABLE EQUALLY OVER 4 YEARS Source text: Further company coverage:

QuinStreet to Acquire HomeBuddy for $190 Million

QuinStreet plans to acquire HomeBuddy for $190 million, with $115 million in cash and $75 million in post-closing payments. The acquisition will integrate HomeBuddy into QuinStreet's Modernize Home Services, adding $30 million to adjusted EBITDA in the first year. The transaction is expected to close in early 2026, financed partly through a new credit facility. More details will be shared in QuinStreet's FY2026 Q2 earnings call.

Why QuinStreet (QNST) Stock Is Up Today

Shares of QuinStreet rose 4.6% after Federal Reserve Bank of New York President John Williams hinted at a potential interest rate cut in December. This led to market optimism and a rally in major indices. QuinStreet's shares closed at $13.63, up 4.4%. Despite the rise, QuinStreet's shares remain volatile and are down 41.7% since the beginning of the year.

Morning Trend | Quinstreet reduces volume and repeatedly accumulates positions, is a short squeeze reversal action about to come?

Quinstreet (QNST.US) continued to experience wide fluctuations and reduced volume during the trading session, with discussions in the community about the expectation of "short squeeze reversal" heating up, as everyone is waiting for the next collective movement to take action. The consumer advertising sector is closely related to macro liquidity, and after a long period of pressure, market speculation activity has actually increased. From the market perspective, there is a significant divergence between bulls and bears, frequently testing the key level of 13.75. Although the intraday support is weak, the intention to control the market is evident. Technical indicators MACD and KDJ are both weakly bottoming out; however, FOMO trading tends to favor this type of "extreme low-volume bottoming," just waiting for a surge in volume to create a small climax. The mainstream strategy in the community is to ambush in segments, always ready to capture any unusual movements. If there is a surge in volume that leads to a sharp rise, there may be wave funds following in that day, resulting in a rapid reversal. Conversely, if it continues to bottom out, the primary task is to observe. The short-term opportunity for a short squeeze reversal is continuously brewing, and new actions may occur in the next intraday segment!