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June 21, 2023
KE Holdings is today's top mover after declining 2.94%
The leading indices are currently lower — Nasdaq trades at 13,558 after losing 0.8%. S&P 500 trades at 4,378.3 after losing 0.24%.
Today's price action is taking place amid mixed market indicators – United States Building Permits (May) released yesterday at 12:30 UTC with a figure of 1.49 million, while the previous figure was 1.15 million.
“Top Movers” are assets that recorded the highest percentage change compared to their nearest peers. The currently most active real_estate stocks are listed below.
CoStar jumps to $87.72 up 2.82%
As the session continues, it seems to maintain one direction — the commercial property company rallies 2.82% and stays at the $87.72 level. The company has a market cap of $35.84 billion with an average daily trading volume of 2.23 million shares.
KE Holdings | Currently down 2.94% at $15
The housing transactions platform reached a significant high of $20.3 around 4 months ago but has lost 23.89% since then. So far this year, it has been under-performing the Nasdaq by 19.68%. The housing transactions platform's market cap currently stands at $18.67 billion with an average daily volume of 8.91 million shares. KE Holdings expected revenue of $2.55 billion with an EPS of 23 cents.
Rayonier currently down 1.82% halfway through today
Similar trend today: the timberland REIT is deeply in the red after losing 1.82%, trading down to $29.67. The company is currently trading with a market cap of $4.40 billion with an average daily volume of 507,696 shares.
