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Realogy shares surge above initial price

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Shares for residential brokerage company Realogy broke through the initial asking price of $27 a share and remained higher all day, closing at $34.45 per share. This was the first day of trading on the New York Stock Exchange for the Parsippany, N.J.-based company that is the parent of Corcoran and Citi Habitats, and is the largest residential brokerage company in the United States by revenue. The company sold 40 million shares with an offer [more]



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