Latest news for Franklin FTSE Mexico ETF (ARCA:FLMX)

Franklin FTSE Mexico ETF

Consumer Defensive

Financial Services

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Communication Services

Real Estate

Consumer Cyclical

Other

Under normal market conditions, the Fund invests at least 80 percent of its assets in the component securities of the FTSE Mexico Capped Index and in depositary receipts representing such securities. The FTSE Mexico Capped Index is a free float-adjusted market capitalization weighted index maintained and calculated by FTSE Russell with a capping methodology applied quarterly to issuer weights so that no single issuer of a component exceeds 25 percent of the FTSE Mexico Capped Index weight, and all issuers with weights above 5 percent do not cumulatively exceed 50 percent of the FTSE Mexico Capped Indexs weight. The FTSE Mexico Capped Index is based on the FTSE Mexico Index and is designed to measure the performance of Mexican large- and mid-capitalization stocks. FTSE Russell determines eligible securities for the FTSE Mexico Capped Index based on measures such as the companys place of incorporation, listing country, investor protection regulations present in the country of incorporation, tax domicile, location of headquarters/factors of production and currency of denomination.

Banorte

Mexico,City,,May,11,2023.,Andres,Manuel,Lopez,Obrador,,President

Latin America

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Emerging Markets

Emerging Market ETFs

Forex

Global

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FLMX

MEXICAN PESO: Wednesday&#39;s trading session saw a 0.5% gain against the US dollar, as AMLO clarified that the pause in diplomatic relations is only with the Canadian and US ambassadors in Mexico.

Peso Selloff Pauses As Mexican President Addresses US, Canada Relations, Targets Ambassadors Over &#39;Respect For Our Country&#39;

Penny Stocks

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Trading Ideas

AMOV

BSMX

BWMX

FLLA

Fomento Economico Mexicano S.A.B. De C.V.

iShares Trust S&P Latin America 40 Index Fund

Just past the west Texas border into Chihuahua, Mexico is one of the largest silver mines in the country. Further south, an even larger silver mine resides in Zacatecas.

Mexico is by far the world’s leading producer of silver, boasting 5,600 metric tons in 2021 versus the number two producer, China, which netted 3,400 metric tons in the same year.

15 ETFs And Stocks With Exposure To Mexico

Truist Securities analyst Brandon King maintains First Finl Bankshares (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FFIN#NASDAQ">FFIN</a>) with a Hold and raises the price target from $39 to $40.

Price Target

Analyst Ratings

FFIN

Truist Securities Maintains Hold on First Finl Bankshares, Raises Price Target to $40

HSBC analyst Parash Jain downgrades FedEx (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDX#NYSE">FDX</a>) from Buy to Hold and announces $300 price target.

Downgrades

HSBC Downgrades FedEx to Hold, Announces $300 Price Target

Onchain analytics firm Lookonchain identified an Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) whale losing $13 million in the past six months as market participants expect the start of an uptrend.
What Happened: The whale trader last purchased 2,117.7 ETH, equivalent to $5.17 million, as Ethereum is up 7% over the past week. 
However, this was not the first time the investor had made such a move. 
Lookonchain <a href="https://x.com/lookonchain/status/1836827682908078147">pointed out</a> that the same investor was liquidated for 6,078 ETH ($14.7 million) when the price plummeted on Aug. 5. In the past six months, the investor has lost $13 million by going long on ETH.
In total, the trader has gone long on ETH five times, losing four times, which results in a win rate of only 20%.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/events/digital-assets/ "><img loading="lazy" decoding="async" width="300" height="250" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/03/29155259/905735A6-57D3-4874-9AA1-75D037842DB3-2.gif" alt="Benzinga Future of Digital Assets conference" class="wp-image-270548" /></a></figure>
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40931419/bitcoin-and-ethereum-euphoria-built-around-rate-cuts-could-be-ruined-by-retail-traders-say">Bitcoin And Ethereum Euphoria Built Around Rate Cuts Could Be Ruined By Retail Traders, Says Crypto Data Intelligence Platform</a>
Why It Matters: Spot On Chain <a href="https://x.com/spotonchain/status/1837078200184361446">data</a> revealed that earlier this week, the Ethereum Foundation sold another 300 ETH for 763,092 Dai (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/dai/usd">DAI</a>) in only 20 minutes. Since the start of September, the Ethereum Foundation has sold 950 ETH (worth $2.27M) at an average price of $2,392, with sales occurring every 4-7 days.
On the other hand, IntoTheBlock <a href="https://x.com/intotheblock/status/1837031512690032645">data</a> highlighted that 150,000 ETH was deposited to exchanges in one day (Sep. 19), the highest since January. This implies rising selling pressure as users look to capitalize on recent price movements, secure profits or limit further losses.
However, traders remain bullish on the upcoming Ethereum performance. Crypto trader Javon Marks <a href="https://x.com/JavonTM1/status/1837106785800384975">sees</a> the next move to the upside, similar to the chart pattern of 2023. He expects that it could lead to a "$4,723.5 and a break above those levels brings $8,000+ in play."
Crypto trader Wolf predicts a strong bullish move based on technical chart patterns.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">In my books, this has been a hard retest of the upper boundary from the 18-month ascending triangle accumulation. From here, we&#39;re primed for a strong bullish move. <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a> <a href="https://t.co/f0m7v6hkyt">pic.twitter.com/f0m7v6hkyt</a>
&mdash; Wolf &#x1f43a; (@IamCryptoWolf) <a href="https://twitter.com/IamCryptoWolf/status/1836815460475760972?ref_src=twsrc%5Etfw">September 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
What&#8217;s Next: The influence of <a href="https://www.benzinga.com/money/is-ethereum-a-good-investment" target="_blank" rel="noreferrer noopener">Ethereum as an institutional asset class</a> is expected to be thoroughly explored at Benzinga&#8217;s upcoming <a href="https://www.benzinga.com/events/digital-assets/agenda/" target="_blank" rel="noreferrer noopener">Future of Digital Assets</a> event on Nov. 19.
Read Next:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/09/40878223/ultra-patient-eth-trader-turns-87k-into-38m-but-would-you-have-waited-8-years-to-take-prof">Ultra-Patient ETH Trader Turns $87K Into $38M: But Would You Have Waited 8 Years To Take Profits?</a></li>
</ul>
Image: Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$DAI

$ETH

This Ethereum Whale Trader Lost $13M In 6 Months: Is Their Latest Long A Contrarian Signal?

Wedbush analyst Robert Driscoll maintains Corbus Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRBP#NASDAQ">CRBP</a>) with a Outperform and lowers the price target from $85 to $51.

CRBP

Wedbush Maintains Outperform on Corbus Pharmaceuticals, Lowers Price Target to $51

WIIM

VinFast Auto shares are trading lower after the company reported worse-than-expected Q2 financial results and cautioned a challenging macro EV outlook.

Benzinga's options scanner just detected over 35 options trades for United Airlines Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) summing a total amount of $5,330,242.
At the same time, our algo caught 4 for a total amount of 132,615.
<h3>Projected Price Targets</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $62.5 for United Airlines Holdings over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Airlines Holdings's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Airlines Holdings's substantial trades, within a strike price spectrum from $45.0 to $62.5 over the preceding 30 days.
<h3>United Airlines Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726847169_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.4</td>
<td>$9.5</td>
<td>$45.00</td>
<td>$1.2M</td>
<td>17.4K</td>
<td>2.2K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$9.55</td>
<td>$9.55</td>
<td>$9.55</td>
<td>$45.00</td>
<td>$707.7K</td>
<td>17.4K</td>
<td>742</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$9.55</td>
<td>$9.5</td>
<td>$9.5</td>
<td>$45.00</td>
<td>$532.0K</td>
<td>17.4K</td>
<td>5.4K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.5</td>
<td>$45.00</td>
<td>$428.4K</td>
<td>17.4K</td>
<td>4.0K</td>
</tr>
<tr>
<td>UAL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$9.5</td>
<td>$9.45</td>
<td>$9.5</td>
<td>$45.00</td>
<td>$402.8K</td>
<td>17.4K</td>
<td>3.0K</td>
</tr>
</tbody>
</table>

<h3>About United Airlines Holdings</h3>
United Airlines is a major us network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, New York/Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel than its large U.S. peers.
<h3>United Airlines Holdings's Current Market Status</h3>
<ul>
<li>With a trading volume of 1,712,434, the price of UAL is down by -0.57%, reaching $52.29.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 25 days from now.</li>
</ul>
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for United Airlines Holdings with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Options

Markets

Market Whales and Their Recent Bets on UAL Options

Stock Split

ONCO

Onconetix Announces Stockholder Approval Of 1-For-40 Reverse Stock Split, Effective September 24, 2024

Deep-pocketed investors have adopted a bullish approach towards Affirm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AFRM#NASDAQ">AFRM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in AFRM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Affirm Holdings. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 47% leaning bullish and 47% bearish. Among these notable options, 6 are puts, totaling $1,512,420, and 13 are calls, amounting to $1,083,670.
<h3>Predicted Price Range</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $25.0 and $48.0 for Affirm Holdings, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of Affirm Holdings stands at 1550.25, with a total volume reaching 11,412.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Affirm Holdings, situated within the strike price corridor from $25.0 to $48.0, throughout the last 30 days.
<h3>Affirm Holdings Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726847164_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AFRM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>05/16/25</td>
<td>$6.95</td>
<td>$6.8</td>
<td>$6.86</td>
<td>$40.00</td>
<td>$1.2M</td>
<td>0</td>
<td>1.7K</td>
</tr>
<tr>
<td>AFRM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$5.45</td>
<td>$5.4</td>
<td>$5.4</td>
<td>$45.00</td>
<td>$201.4K</td>
<td>644</td>
<td>380</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$17.85</td>
<td>$17.65</td>
<td>$17.65</td>
<td>$27.50</td>
<td>$176.4K</td>
<td>2.2K</td>
<td>137</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$13.15</td>
<td>$13.1</td>
<td>$13.15</td>
<td>$40.00</td>
<td>$155.2K</td>
<td>3.7K</td>
<td>470</td>
</tr>
<tr>
<td>AFRM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$13.25</td>
<td>$13.0</td>
<td>$13.05</td>
<td>$40.00</td>
<td>$130.5K</td>
<td>3.7K</td>
<td>930</td>
</tr>
</tbody>
</table>

<h3>About Affirm Holdings</h3>
Affirm Holdings Inc offers a platform for digital and mobile-first commerce. It comprises a point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. The firm generates its revenue from merchant networks, and through virtual card networks among others. Geographically, it generates a majority share of its revenue from the United States.
In light of the recent options history for Affirm Holdings, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Current Position of Affirm Holdings</h3>
<ul>
<li>With a trading volume of 4,246,237, the price of AFRM is down by -1.49%, reaching $44.31.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 47 days from now.</li>
</ul>
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Affirm Holdings, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

AFRM

Looking At Affirm Holdings's Recent Unusual Options Activity

Financial giants have made a conspicuous bearish move on Costco Wholesale. Our analysis of options history for Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) revealed 20 unusual trades.
Delving into the details, we found 30% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $300,550, and 12 were calls, valued at $465,691.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $585.0 and $930.0 for Costco Wholesale, spanning the last three months.
<h3>Volume &amp; Open Interest Development</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Costco Wholesale's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Costco Wholesale's whale activity within a strike price range from $585.0 to $930.0 in the last 30 days. 
<h3>Costco Wholesale Option Volume And Open Interest Over Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1726847158_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th style="text-align: right;">Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$98.2</td>
<td>$93.9</td>
<td>$95.3</td>
<td>$925.00</td>
<td>$95.3K</td>
<td style="text-align: right;">16</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$32.65</td>
<td>$30.35</td>
<td>$32.65</td>
<td>$870.00</td>
<td>$65.3K</td>
<td style="text-align: right;">470</td>
<td style="text-align: right;">77</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$323.2</td>
<td>$319.15</td>
<td>$323.2</td>
<td>$585.00</td>
<td>$64.6K</td>
<td style="text-align: right;">389</td>
<td style="text-align: right;">2</td>
</tr>
<tr>
<td>COST</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$55.1</td>
<td>$53.75</td>
<td>$54.41</td>
<td>$860.00</td>
<td>$48.9K</td>
<td style="text-align: right;">548</td>
<td style="text-align: right;">31</td>
</tr>
<tr>
<td>COST</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$45.3</td>
<td>$45.05</td>
<td>$45.3</td>
<td>$925.00</td>
<td>$36.2K</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">8</td>
</tr>
</tbody>
</table>

<h3>About Costco Wholesale</h3>
Costco operates a membership-based, no-frills retail model, predicated on offering a select product assortment in bulk quantities at bargain prices. The firm avoids maintaining costly product displays by keeping inventory on pallets and limits distribution expenses by storing its inventory at point of sale in the warehouse. Given Costco's frugal cost structure, the firm is able to price its merchandise below competing retailers, driving high sales volume per warehouse and allowing the retailer to generate strong profits on thin margins. Costco operates over 600 warehouses in the United States and enjoys over 60% market share in the domestic warehouse club industry. Internationally, Costco operates another 270 warehouses, primarily in markets such as Canada, Mexico, Japan, and the UK.
Following our analysis of the options activities associated with Costco Wholesale, we pivot to a closer look at the company's own performance.
<h3>Present Market Standing of Costco Wholesale</h3>
<ul>
<li>With a trading volume of 767,236, the price of COST is up by 0.25%, reaching $902.97.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 6 days from now.</li>
</ul>
<h3>What The Experts Say On Costco Wholesale</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $928.0.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Stifel has decided to maintain their Buy rating on Costco Wholesale, which currently sits at a price target of $915. 
&#x2A; An analyst from Telsey Advisory Group has decided to maintain their Outperform rating on Costco Wholesale, which currently sits at a price target of $925. 
&#x2A; Consistent in their evaluation, an analyst from Telsey Advisory Group keeps a Outperform rating on Costco Wholesale with a target price of $925. 
&#x2A; An analyst from Morgan Stanley persists with their Overweight rating on Costco Wholesale, maintaining a target price of $950. 
&#x2A; Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on Costco Wholesale with a target price of $925. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Costco Wholesale with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

COST

Decoding Costco Wholesale's Options Activity: What's the Big Picture?

The home purchased by the late actor Matthew Perry just months before his death has seen its asking price reduced by nearly $500,000 as it remains on the market <a href="https://www.benzinga.com/news/23/10/35480566/friends-star-matthew-perry-dead-at-54-apparent-drowning-say-sources">almost a year after the &#8220;Friends&#8221; star&#8217;s passing</a>.
Originally listed in May of this year for $5,195,000, the property&#8217;s price has now been cut to $4,700,000, according to Realtor.com, which cited real estate listings. The reduction comes after the home spent four months on the market without attracting a buyer.
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Perry, known for his role as Chandler Bing on the sitcom Friends, purchased the home in May of last year in an off-market deal for $4,995,000. The actor died unexpectedly later in October at his separate Pacific Palisades residence, never having resided in the Hollywood Hills home.
The midcentury modern house, built in 1957, offers 2,793 square feet of living space. It features three bedrooms – one converted into a screening room – and three and a half bathrooms. Realtor.com noted that the property has classic architectural elements typical of its era, including walls of glass and a double-sided fireplace.
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The selling agent listed the home as a &#8220;sleek midcentury treasure.&#8221; The outdoor space includes a swimming pool and a fire pit. According to the listing, the home has &#8220;thoughtful updates&#8221; that provide &#8220;an ambience of elevated luxury while embracing the original architectural aesthetic.&#8221;
Despite its location near the Sunset Strip and Beverly Hills, the property&#8217;s connection to Perry and the circumstances of his death may be influencing potential buyers. Perry&#8217;s body was found in the Jacuzzi of his Pacific Palisades home, with the official autopsy report citing &#8220;acute effects of ketamine&#8221; and drowning as the cause of death.
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Last month, in connection with the fatal overdose of the actor, Perry&#8217;s assistant and four others, including two doctors, were indicted and <a href="https://www.benzinga.com/markets/cannabis/24/08/40401735/matthew-perry-charges-filed-against-multiple-suspects-in-ketamine-overdose-death-of-friends-star">accused of supplying the ketamine that ultimately led to his death</a>.
According to the report, the Hollywood Hills property was Perry&#8217;s last real estate purchase. He had been active in the Los Angeles market in the years before his death. In 2020, he purchased his Pacific Palisades home for $6 million. Before that, he sold a beachfront home in Malibu for $13.1 million and a penthouse in Los Angeles for $21.6 million in 2021.
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Perry&#8217;s final property is currently being listed amid a broader cooling in the high-end Los Angeles real estate market. A Realtor issued a report in April indicating a slowdown in luxury home sales across Southern California, with properties remaining on the market for longer periods and price reductions becoming more common.
As the Hollywood Hills home awaits its next owner, the property&#8217;s eventual sale price may provide insights into the current state of the luxury housing market.
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Price Of 'Friends' Star Matthew Perry's Last Hollywood Purchase Drops By $500K – Still No Buyer

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