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Realogy Holdings Rebounds Strongly

June 24th, 2020 · No Comments

  • The company was cruising in Q1 with double digit volume growth but then the pandemic struck taking volumes deeply negative.
  • The company reacted swiftly with additional cost cutting and an accelerated shift in technology uses like virtual visits.
  • While the shares are cheap and the market could very well recover rapidly, we won’t buy until we see a turn-around in cash flow.

Source: Realogy Holdings Rebounds Strongly (NYSE:RLGY) | Seeking Alpha

Tags: RLGY