Realogy Holdings Corp Sinks on Slower Sales; Fannie Mae and Freddie Mac Get $23 Price Target

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05/06/2014 [ACCESSWIRE]

Realogy Holdings Corp. (NYSE: RLGY) - For an in-depth report on Realogy Holdings Corp. follow:

Shares of Realogy Holdings Corp closed down 8.49% on about 16.2 million shares on Monday. The stock hit a new 52-week low of $36.36 during intra-day trading. The owner of brokerage brands Coldwell Banker and Century 21, fell the most on record after it reported a slowdown in sales and that it expects the slowdown to persist this year.

SLM Corporation (NASDAQ: SLM) - For an in-depth report on SLM Corporation follow:

Shares of SLM Corporation closed down 2.12% on about 18.1 million shares traded on Monday. The company recently announced the completion of its proposed strategic plan to split its operation into consumer banking and an education loan management business. On May 1st the stock sank over 60%.

Federal National Mortgage Association (OTCBB: FNMA) - For an in-depth report on Federal National Mortgage Association follow:

Shares of Federal National Mortgage Association closed up 3.02% on Monday with 21.2 million shares traded roughly. The stock was one of the most actively traded in the OTCBB market. Bill Ackman sent shares higher after he said both Fannie Mae and Freddie Mac are each worth $23.00 per share. With a 23 dollar price target, that is 461 percent and 444 percent higher than Monday’s closing price, respectively.

Gilead Sciences Inc. (NASDAQ: GILD) - For an in-depth report on Gilead Sciences Inc. follow:

Shares of GILD closes up nearly 3% on Monday with about 14 million shares traded. The stock was one of the most active stocks on the NASDAQ. The stock was featured as Zack’s Bull of the Day.


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