Angi (ANGI) Jumps 8.3% After Berkshire’s $6.8B Homebuilder Deal Fuels Housing Optimism

Angi (NASDAQ: ANGI) shares surged 8.3% in afternoon trading on June 2, 2026, after Warren Buffett’s Berkshire Hathaway announced a $6.8 billion acquisition of homebuilder Taylor Morrison. Investors interpreted the deal as a strong endorsement of the housing market’s prospects, lifting sentiment for home services firms like Angi, whose marketplace relies on repair and renovation demand from home sales and construction. The stock has been extremely volatile, with 32 moves greater than 5% in the past year. Despite Wednesday’s gain, ANGI remains down 47.8% year-to-date, trading at $6.60 — 65.1% below its 52-week high of $18.90 set in August 2025. Earlier declines were driven by sticky inflation data that pushed the 10-year Treasury yield to a 10-month high, mechanically reducing growth-stock valuations and signaling potential pullbacks in digital advertising budgets.