Realogy’s institutional backers took a beating Friday, as they watched the value of their stock dwindle within a 24-hour period following yet-another disappointing earnings report. As of midday Friday, Realogy’s stock price of $9.23 was down nearly 30 percent from the close of trading on May 1, one day before Realogy released its results for 2019’s first quarter. The stock was down a whopping 63 percent year over year, and Realogy’s market cap came dangerously […]
source https://therealdeal.com/2019/05/03/who-lost-the-most-when-realogys-stock-took-another-nosedive/
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