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May 26, 2023A quick look at yesterday: the online residential real estate company dropped 7.94% early on and traded close to the $2.32 level.
Highly important Core Durable Goods Orders data from United States beat analyst expectations of 0% with a reading of -0.2%. United States Pending Home Sales improved upon its previous reading of -5.2% with a new data release of 0%.
While price action maintains a negative bias, United States Core PCE Price Index (MoM) (Apr) released today at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3.
On the other hand, positive performances could be seen by looking at other real estate stocks as ProLogis traded at $122 after closing yesterday's trading day at $121 (up 0.79%).
The stock has been trending positively for about 29 days. Approximately 11 months ago, the online US real estate company reached a significant high of $8 but has struggled to hold onto its gains and declined 68.54% since then.
