Wednesday 18 March 2020

Brokerage stocks plunge amid market turmoil

Real estate brokerage stocks plunged Wednesday, after a market selloff prompted U.S. stocks to temporarily suspend trading. Shares of Realogy Holdings dropped 35 percent to just over $2 per share as of 2:55 p.m., and shares of Newmark were down 36 percent to just roughly $3. Colliers and Cushman & Wakefield were down roughly 22 percent and 34 percent, respectively. Shortly after 1 p.m., trading halted after the S&P 500 dropped 7 percent, triggering a



source https://therealdeal.com/2020/03/18/brokerage-stocks-plunge-amid-market-turmoil/

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