Newmark Knight Frank saw its stock take another beating in February and March, while the rest of the “Big Four” commercial brokerages bounced back from late last year’s market-wide malaise. Newmark, which made its Nasdaq debut in December 2017, was trading at about $8.30 a share on March 27 — down 41 percent from the already discounted $14 when the firm went public, and up less than 1 percent from the start of this year. […]
source https://therealdeal.com/issues_articles/commercial-brokerage-wall-street/#new_tab
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