Thursday, 8 August 2019

Realogy stock soars 19% despite revenue slide

After months of free-falling, Realogy’s stock soared more than 19 percent on Thursday as the company said it grew its agent base “for the first time in a long time.” But overall, the company’s second-quarter revenue dropped 5 percent year over year to $1.7 billion. Net income remained in the black but profits slid 44 percent to $69 million, from $123 million a year prior. At NRT, the division that includes the Corcoran Group and […]



source https://therealdeal.com/national/2019/08/08/realogy-stock-soars-19-despite-revenue-slide/#new_tab

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